Azure Power has announced the early closing of a financing deal worth INR 4 billion (around US$58 million) for a 100 MW solar plant in the Indian state of Karnataka; and INR 6 billion (around $88 million) for a 200 MW solar power plant in Rajasthan. It also signed 415 rooftop solar PPAs in Madhya Pradesh.
The Government of Alberta has opened Requests for Proposals (RfPs) for 135,000 MWh of solar – equivalent to around 55% of its annual electricity generation.
From January to September 2018, solar PV systems generated 36.8 TWh in Germany, which is 13% more than they did in the first nine months of the previous year.
Two major policy decisions in the United States have caused a temporary tax and stagnation in the residential solar industry, finds EnergySage’s Solar Marketplace Intel Report.
In the first eight months of 2018, newly installed PV capacity in Germany totaled almost 2 GW, and is already well above the previous year’s level. New residential and commercial PV systems, with a combined capacity of nearly 241 MW, have been reported to the Federal Network Agency. In October, solar incentives will drop by another 1%.
Final prices were 5% lower than in the previous tender of the same kind. Around 40% of the selected projects were submitted by agricultural enterprises.
The U.K. government has cold-shouldered PV with a row of disfavourable policies, which have put at risk the financial viability of new arrays. In the past few last years, the market has remained almost flat, with installations sitting at around 200 MW per year.
The Accelerating Battery Storage for Development program is intended to leverage US$4 billion in new investments, and to support projects for utility-scale solar parks with battery storage, off-grid systems, including mini-grids, and stand-alone batteries.
German suppliers may still play a central role in providing residential storage systems, however the increasing number of Asian manufacturers on the European market is undeniable. Particularly in the U.K. and Italy, they have captured the lion’s share of sales.
Labour this morning unveiled plans for an energy system free of greenhouse gas emissions by 2050, but it is unclear what proportion of the party’s “clean energy” mix would be met by nuclear.
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