The government wants to procure several 1 MW-plus solar plants. The tender is the third of its kind, and part of the 50 MW incentive scheme the island’s government launched in November 2017.
U.S. thinktank the Institute for Energy Economics and Financial Analysis says the nation should reorder its power network to harness cheap, modular renewables after existing power station overcapacity was worsened by plunging electricity demand during the Covid-19 shutdown.
The state-owned construction business which saved Singyes Solar with a US$200 million bail-out is now preparing to invest in a 75% stake in debt-saddled peer China Solar, whose shares have been unlisted since August 2013.
Solar developers in India must consider a range of risks to secure reasonable returns on solar projects, according to research by the Institute for Energy Economics and Financial Analysis and JMK Research & Analytics.
MIT scientists have suggested used electric vehicle batteries could offer a more viable business case than purpose-built systems for the storage of grid scale solar power in California. Such ‘second life’ EV batteries, may cost only 60% of their original purchase price to deploy and can be effectively aggregated for industrial scale storage even if they have declined to 80% of their original capacity.
The Greek energy regulator said on Wednesday that it wants to tender up to 482 MW of new solar capacity on July 27 for plants up to 20 MW in size.
The authorities plan to assign 2.26 GW of renewable energy capacity overall under the scheme, which will include other energy sources such as hydropower, wind, biomass, biogas, and geothermal energy. The government will provide projects it selects with a feed-in price premium, which will be paid for the power generated by the projects, on top of spot market prices.
Twenty-three renewable-energy operators have resumed testing of their installations, just a few weeks after the Mexican government halted grid connections for new solar and wind power projects, pending further notice. Mexicio’s National Energy Control Center (Cenace) has faced a series of “amparo” lawsuits since the government introduced the new measures against renewables.
The EurActiv portal has published a draft of the European Commission’s reconstruction plan, which includes a tender program for 15 GW of renewable energy projects over the next two years. The tender mechanism is expected to raise €25 billion of investments.
The Western Downs solar farm will deploy German power electronics made in Australia, with SMA announcing that it has picked up a contract to supply the 400 MW (AC) project.
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