Delhi-based developer Azure had bid for a 2 GW project on a single site – plus 600 MW of manufacturing capacity – as part of a much-hyped national 10 GW manufacturing-linked tender. The government has decided to reject the bid because it says the quoted price is unreasonable.
The Smart Grid Station wind-PV facility also incorporates a 500 kWh lithium-ion battery storage system, around 2,000 internet of things-derived sensors and smart meters. The plant was installed by the Dubai Electricity and Water Authority and Korean utility KEPCO.
It is the first of three solar parks of that size the Norwegian IPP has put in commercial operation in Malaysia’s growing market.
Transition to a world run entirely on clean energy – together with the implementation of natural climate solutions – is the only way to halt climate change and keep the global temperature rise below 1.5°C, according to another significant study.
The German company acquired the rights to build the plant from Synergia Energy Solutions. The Alarcos solar park will be in the municipalities of Ciudad Real and Poblete. Work is expected to begin in April, with grid-connection this year.
Despite recent efforts to improve the power network, in order to host more generation capacity from large-scale solar and renewables, Dutch transmission system operators TenneT and Enexis have said that there is very limited capacity for more solar in the provinces of Groningen, Drenthe and Overijssel.
Wood Mackenzie’s number-crunchers are the latest analysts queueing up to predict a bumper year ahead for PV, with falling prices, rising efficiency rates and booming markets outside China all on the cards. And it could be a make-or-break year for mega-projects, says Wood Mac.
The hybrid plants will be developed as independent power producer (IPP) projects at 11 off-grid sites. The largest project will be developed on the island of Mazeira, off the east coast of mainland Oman in the Arabian Sea.
The Baltic nation installed 90 MW of PV last year, four times more than it had done since it began adopting solar. The growth was down to a new regulation issued by the government in June and the big push came mainly from small installations.
With a $3bn debt pile, gearing of 73.1% and $127m due for repayment in around three months’ time, the directors of the former United PV Group want shareholders to dilute their investment by issuing shares worth more than 40% of an enlarged company, with a chunk of the proceeds coming from public funds.
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