The solar park is part of a 1GW portfolio of unsubsidized PV projects. Completion is scheduled for 2023.
Solar manufacturer Zhonghuan Semiconductor has further decreased the prices of most of its PV wafers, while Beijing-based project developer Jingneng Clean Energy Co., Ltd (JNCEC) announced on Wednesday that its board has approved an investment plan for the construction of a 1GW renewable energy project in Inner Mongolia.
Through the procurement exercise, the Spanish authorities aim to allocate 200MW of CSP, 140MW of distributed solar, 140MW of biomass capacity, and another 20MW for other minor renewable energy technologies.
Green hydrogen can play a vital role in decarbonizing the economy and enabling countries to reach net-zero emissions. The economics of producing green hydrogen from electrolysis are maturing as developers scramble to meet expected future demand. Everoze partner Nicolas Chouleur and Neoen hydrogen expert Sacha Lepoutre discuss a case study that shows how stacking different revenue streams could improve the economics of renewable energy projects.
Chinese renewables and gas-fired power plant developer Beijing Jingneng Clean Energy Co. announced today that it has commenced work on wind and solar projects in the autonomous region of Inner Mongolia with a combined capacity of 1GW. One of the projects is a combined solar, wind and hydrogen electrolysis project with a generation capacity of 500MW.
Renewable energy and battery storage has racked up another banner year in 2021, according to end-of-year analysis from Rystad Energy. While there was growth across segments, residential solar has seen the most impressive gains, surpassing the commercial and industrial (C&I) segment for the year.
The 293MW Sun Mountain solar project, set to be located in Pueblo, Colorado, and the 173MW Bellflower solar project, set to be constructed east of Indianapolis will each be among the largest in their respective states.
Furthermore, speaking about its joint venture with Trina Solar for the development of 15GW of ingot manufacturing and 15GW of wafer cutting projects, Tongwei said all work will be finished and put into production in H1 2022. PV prices are also seeing declines along the solar supply chain.
Despite the global Covid-19 pandemic and recession, corporate purchases of clean energy are booming. Several factors are driving this trend, including falling costs, a heightened appetite for sustainability among consumers and investors, and increased political will for net-zero development. In recognition of this, the UP Initiative spent Q3 2021 investigating sustainable electricity supply. How are PPA models evolving? What are the critical issues around residual energy? And how can greenwashing be avoided? Read on to discover more.
Brazil’s deployment of distributed generation PV (below 5 MWp) has exploded from a total capacity of 500 MW in 2018 to 7 GW by September of this year. The trigger for this increase, alongside rocketing electricity prices, was the 2019 proposal of law 5829, writes IHS Markit analyst Angel Antonio Cancino. The proposal is expected to pass into law at the end of this year and will gradually introduce grid-access charges for residential and commercial system owners.
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