Japan’s Ministry of Economy, Trade and Industry (METI) has opened a formal investigation into the exact failure mode behind the destruction at the Yamakura Dam floating PV installation. In the end, the ministry seeks to draw up a plan to revamp not just the dam, but also the arrays that are still intact. This is a learning exercise that should be closely followed, as floating PV is enjoying growing popularity.
Colbún has applied for approval to build a 788 MW solar project in Chile’s northern region of Antofagasta.
The transition from a feed-in tariff scheme to an auction mechanism may take longer than expected in the Southeast Asian country, as the Ministry of Industry and Trade is considering maintaining FITs of $0.0709/kWh to $0.0769/kWh for projects that secured approval before Nov. 23, 2019, if they come online as scheduled by the end of this year. According to law firm Lexcomm Vietnam, there are currently 3 GW of projects with licenses.
An international research team has claimed that thin-film modules are an ideal solution for floating PV projects in offshore locations, mainly due to their superior hydrodynamic properties. The scientists have also said that direct contact between installations and the water provides additional self-cooling opportunities, while keeping the waterproof modules clean. Such arrays could potentially withstand higher waves and the difficult environmental conditions of the open sea.
The government of Victoria has decided to break from national electricity rules and introduce legislation to fast-track priority projects such as grid scale batteries and transmission upgrades, and make room for more large scale solar and wind. The announced reforms have prompted a flurry of reaction.
The 100 MW tender was five times oversubscribed and the average final price tariff offered was €0.05 lower than the previous procurement round.
Consultancy Bridge to India has looked into its crystal ball to predict India will add 10 GW of solar capacity this year and the same next year before deployment slows to 7 GW per year in 2022 and 2023, dogged by hurdles such as an inexplicable ongoing demand for new coal-fired power plants.
The twice-postponed $230 million investment which will see Chinese state-owned Beijing Energy acquire a 32% stake in Hong Kong-listed developer Panda Green has finally gone through. The developer now has five months to drum up enough to pay off two more of its other three state-owned backers.
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