Erdogan opens ingot-to-module solar factory in Ankara
The $1.4 billion cost includes a 1 GW solar field 260km away in Konya. The factory was developed solely by Kalyon Solar Technologies after development partner Hanwha Q-Cells walked away from the project.
Japan’s struggle to drive down renewables costs
A nation famous for high electricity prices has seen power costs fall 15% this year, according to analyst Wood Mackenzie, a figure which will help attract $100 billion of solar and wind investment to 2030. Renewables will have to work even harder, however, to displace fossil fuels in hydrogen production.
Modi loosens the purse strings to help India’s struggling state utilities
Covid-19 hits to demand and bill payment collection have worsened the plight of the nation’s already debt-crippled power distribution companies, prompting the government to order an exceptional relaxation of lending limits.
Covid-19 weekly round-up: Differing opinions on energy storage fall-out, a trade show update and some surprisingly positive financials
Negative second-quarter updates from China and uber-low new-solar figures from India, however, show the world is far from out of the woods yet.
India could add 2.5 GW of big solar in second half
Some 1 GW of utility scale project capacity was added to the end of June.
The ‘rubber-band effect’ on renewable energy project margins
David Riester of Lacuna Sustainable Investments, looks at how, on the journey from concept to monetized power plant, renewables and energy storage projects tend to get tugged toward ‘zero’ margin, from either direction. The further the rubber band is stretched, the stronger the pull back toward zero.
Solar, wind, storage investment collapses in Australia as risks on developers grow
A new analysis by the Clean Energy Council reveals a dramatic fall in the number of large-scale renewable energy projects committed in the second quarter of 2020, with just three projects representing 410 MW of new capacity reaching financial close – the lowest level since 2017.
Analysis of Ireland’s first renewables auction
Harsh Goenka, from solar forecasting company Solargis analyzes the results of the nation’s first clean energy tender for pv magazine after the procurement exercise secured an average solar electricity price of €72.92/MWh.
Isle of Man tenders for 20 MW of solar and wind
The call is part of a government action plan for achieving net zero emissions by 2050.
Construction begins on 60 MW floating solar plant in Singapore
The project, on the Tengeh reservoir, will sell power to the city state’s Public Utilities Board under a 25-year power purchase agreement.
