The company is planning another sell-off of solar projects, with two solar farms with a total generation capacity of 93 MW earmarked for divestment to state-owned China National Nuclear Power – provided the sites can come up with their rent arrears.
After the ravages of Covid-19, electricity shortages in China have now raised costs for its solar manufacturers, with knock-on effects for developers in India too, again highlighting the dangers of relying on a single solar supply chain.
U.S. researchers have concluded that wind and solar generation resources that were sized at 1.5 times along with three hours of energy storage would meet all but 200 hours of demand scattered throughout any given year.
In June alone, new PV additions totaled 406 MW. Feed-in tariffs were reduced by another 1.4%.
Through the inventory, an international group of researchers was able to identify 68,661 PV facilities, totaling 423 GW across 31 countries. According to the scientists, the online database provides insight into global trends for PV siting decisions, as well as into the gap between facility-level final investment decisions, construction start dates, construction completion dates and facility operations.
UK research firm Wood Mackenzie reports that Northeast Asia and Europe are expected to become the main hydrogen importers, accounting for 55% of seaborne hydrogen trade, whereas Australia, the Middle East and, possibly, Russia and the U.S. have the greatest export potential. Plug Power and Lhyfe closed a deal to build green hydrogen generation plants throughout Europe.
Furthermore, TBEA has announced a plan to invest in four solar power plants and Flat Glass has agreed to acquire two quartz mines.
The South African authorities have published the list of the preferred bidders of the fifth round of the Renewable Energy Independent Power Producer Procurement Program (REIPPPP). Around 2.58 GW of renewable energy capacity was allocated through the procurement exercise.
French developer Neoen’s massive 460 MWp solar farm in Queensland, Australia, is rapidly advancing toward completion, with state-owned network operator Powerlink confirming connection to the electricity grid is now complete.
The polysilicon manufacturer and solar project developer has finally managed to publish the annual figures for 2020 and appears to be placing a lot of faith in its less-energy-intensive granular silicon product. In the meantime, though, another debt repayment deadline is looming within a fortnight.
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