Umweltbank finances 110 MW solar project in Germany
Developer Anumar has secured the signature of Norwegian renewables company Statkraft on a 50 MW power purchase agreement for the project and another 30 MW of generation capacity has been awarded a feed-in premium tariff in a tender. Umweltbank provided a €55 million loan.
Indian power company tenders to acquire 1 GW of already-built solar projects
NTPC wants to buy PV plants with a minimum generation capacity of 50 MW which sell power for a maximum INR5/kWh ($0.0668).
Australia adopts international standards to shape hydrogen future
Industry body welcomes guidelines, which it says are crucial to realizing the potential of the nation’s hydrogen economy.
Exclusive interview – Jinko Power on how it offered the world’s lowest solar power price
pv magazine’s Amjad Khashman has spoken to Chinese solar developer Jinko Power about negotiating the world record low price tariff agreed for electricity generated at the Al Dhafra solar project in Abu Dhabi.
World’s lowest bid of $0.0135/kWh wins in Abu Dhabi’s 2 GW solar tender
Emirates Water and Electricity Co. awarded the 2 GW project to a consortium that includes Abu Dhabi National Energy Co., Masdar, French energy group EDF, and China’s JinkoPower.
Australia’s renewables pipeline continues to grow at record speed led by solar PV
The Australian renewables sector was not immune to a host of challenges that marked the first half of the year, but the pipeline of renewable energy projects in the country reached new heights. While new construction dipped to a four-year low and financial close remained out of reach for a great number of projects, the second half of the year is looking more positive, according to Norwegian consultancy Rystad Energy.
Cleaning the air is like ‘moving a solar panel from Toronto to Houston’
An international research team has measured the reduction of air pollution due to the Covid-19 shutdown and its impact on solar radiation levels. They found that solar radiation in Delhi, one of the world’s most polluted cities, was around 8.3% higher in late March, when the Indian government implemented lockdown measures.
Japanese banks back world’s second cheapest solar project
Qatar General Electricity and Water Corporation has announced financial close on the 800 MW Siraj-1 solar project with Mizuho Bank and the state-owned Japan Bank for International Cooperation. The project, secured in a tender by France’s Total and Japan’s Marubeni, will sell power for $0.01449/kWh.
India installed 7.6 GW of solar in the last fiscal year, and plans another 8 GW by April
Some 5.9 GW of utility scale PV generation capacity was added in 2019-20, plus 1.7 GW of rooftop solar, with domestic module manufacturers enjoying around 40% of the market.
Ukraine defines level of retroactive FIT cuts
Parliament has adopted Draft Law 3658 which can now be signed into law by the president. Payment reductions for solar have been further eased and curtailment will now be compensated but talk of extending the duration of the newly-reset FIT levels appears to have fallen by the wayside.
