A recent ruling of the Belgian constitutional court has canceled the 15-year grace period granted to residential PV system owners to keep operating under net metering despite the arrival of smart meters. The Flemish government said it will provide some compensation for the financial losses that this decision will cause.
The Indonesian government has announced the construction of a big PV plant in the eastern part of the country, explaining that the region is particularly suitable for solar development due to its dry climate and high solar radiation levels. The region is indeed the most suitable area for solar parks, due to land availability and high electricity generation costs.
French oil and gas giant Total already owns a stake in developer Adani Green Energy’s 2.3 GW of operational solar assets in India through a joint venture.
Last year was the time for mega-solar projects to strike record low prices – $0.0135/kWh in Abu Dhabi for the unimaginably vast 2 GW Al Dhafra project. Not to be left behind, some Australian project developers are pursuing equally grand plans, with clean-tech guru Michael Liebreich saying that their likelihood for success will lie in what the proponents plan to do with the vast amount of clean, cheap energy.
Puerto Rican regulators have ordered PREPA to procure solar and storage, but the utility’s board chairman says that the island’s grid can support only a fraction of the mandated amount.
A press release issued by utility DEWA and the state-owned metal manufacturer today implied production of solar-powered aluminum is already taking place.
Pending final closing, the Electrification Financing Initiative has announced it is considering private equity investments of €1.5 million to two French firms operating in Benin, Togo, Burkina Faso and Senegal, and $1.5 million to a Tanzanian business operating in Tanzania and Uganda.
European renewables, including Spanish solar, made big gains as energy demand recovered before the second wave of Covid infections. Nuclear was a notable loser, in part because clean energy volumes in the north of the continent drove down power prices sufficiently to make reactors uncompetitive.
A study has analyzed the technical and financial feasibility of floating solar at hydro power plants. The report concludes floating PV reduces evaporation from hydropower reservoirs and the water saved can be used to generate more electricity.
The EV manufacturer with big solar ambitions has finally leveraged its expertise in power electronics technology and launched a solar inverter.
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