A new report establishes the feasibility of wind-solar-storage hybrid projects over new coal plants in the Indian states with high renewable energy potential. Tamil Nadu was chosen for the technical and commercial assessment.
The solar park is expected to be connected to the grid infrastructure of a coal power plant located nearby. Polish oil group Orlen is targeting 2 GW of renewable energy assets by 2030.
Greek conglomerate Gek Terna has unveiled plans to deploy three large-scale floating PV plants at three different water reservoirs. Total investment in the projects is expected to amount to €170 million. Furthermore, the national utility PPC is reportedly planning to deploy another 50 MW and InterPhoton Group is considering to build a 500 MW facility.
The highest bid in Malta’s latest procurement exercise was €0.129/kWh. The Maltese authorities selected eight PV projects, with capacities ranging from 1 MW to 3 MW.
The Western Australian government has called for expressions of interest for its proposed 1.5 GW solar-wind-hydrogen hub at the Okajee Strategic Industrial Area. This week, it said that 65 companies from around the world are interested.
The Covid-19 crisis temporarily paralyzed the business for large scale unsubsidized solar projects across Europe. At the end of the year, however, demand for projects that are financed through electricity purchase agreements regained speed. Pexapark estimates that there is currently 10 GW of renewable energy capacity under signed PPAs in Europe, most of which is for solar power.
Australian researchers have analyzed different ways to improve the efficiency of PV-powered water electrolysis for hydrogen generation. They include the use of magnetic fields, light energy, ultrasonic fields, and pulsating electric fields. Energy costs remain prohibitive, but molecular movement and the redistribution of molecules in water during electrolysis could open a path to viability.
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