Utility Scale PV

Large-scale solar-plus-storage is the main option left to avoid power shortages as such systems can be deployed much faster than new thermal and hydro assets. Recent gigawatt-scale solar-plus-storage auction results, with a record low price of INR 3.40 ($0.04)/kWh, show that such deployment will be highly economical, according to a new study from the University of California’s India Energy and Climate Center.

Thailand’s Electricity Generating Authority has opened a tender for the design, supply, construction and commissioning of a floating solar array to be built at a dam with an existing hydroelectric power station.

A call for the EU’s second cross-border renewables tender has gone out and will remain open until March 4, 2025. Luxembourg is providing €52.4 million ($56.7 million), while Finland and Estonia have committed to installing solar and onshore wind on their territories.

The 147MW/588MWh Rosamund Central battery energy storage project in Kern County, California, is paired with a 192 MW solar farm, which was completed in 2020.

The Philippines’ Department of Energy (DOE) has said that energy storage and maximizing the country’s existing renewable energy infrastructure will be a major theme for its next green energy auction. GEA-4 will take place in the final quarter of 2024.

The auction concluded with an average price of €0.056 ($0.065)/kWh for the PV technology.

Thyssenkrupp nucera warns of possible delays in hydrogen projects, with consequences for producers. Meanwhile, Shanghai Electric seems bullish about the market and its ability to drive costs down.

The photovoltaic installation company is struggling with the current difficult market situation. A solution for its continuation is now being sought.

These are 283 renewable projects for 28 GW, 66% of the 428 that started the process, and 70% after undergoing modifications to meet various conditions, particularly of an environmental nature.

In Germany – but not only there – there is a heated debate about the pros and cons of a capacity market. The German Renewable Energy Association is against it, and recently the German New Energy Industry Association, the DIHK and the EEX energy exchange have also taken a clear stance: Germany does not need a “power plant subsidy program.” In this article, four experts explain why battery storage can also play an important role in a capacity market and make recommendations on how the design of the market can help avoid mismanagement, wrong incentives and unnecessary costs.