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Finance

Cost analysis shows off-grid-solar powered electrolysis potential of Australia and Chile

Scientists at the University of New South Wales have developed a model to determine the levelized cost of hydrogen (LCOH) by also considering historical weather data at specific locations. According to them, powering electrolyzers with off-grid solar offers the advantage of avoiding the expense of a grid connection and exposure to the risk of delays in both the physical connection and the approval process.

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SolarPower Summit 2020: Policy measures and open-source information key to PV sustainability

Rising volumes of solar capacity are to be welcomed but, as panelists at a session of today’s SolarPower Europe event discussed, the technology must be kept ethical and responsible. That means industry working together; new, harmonized, mandatory and voluntary policy instruments; and a focus on quantifiable, life cycle-based investor criteria.

IRENA presents $2tn plan to drive 5.5m renewables jobs by 2023

Doubling down on renewable energy investment and energy transition spending is required to ensure a truly green global recovery from the Covid-19 crisis and its economic aftershock, claims the International Renewable Energy Agency.

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By Ek! Northvolt raises $600m

The European battery manufacturer has raised the funds with a private shares placement which included the co-founder and CEO of music streaming service Spotify.

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Wallonia’s prosumer grid fee comes into force

The tariff, imposed by the regional energy regulator for use of the distribution network, will be charged via bills issued by electricity suppliers.

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Egypt to impose ‘merger fee’ on net-metered solar

Law firm Riad & Riad has confirmed the levy will be applied but said the level of the charge had not been determined, despite a report to the contrary in one local newspaper.

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Georgia explores green hydrogen

The Caucasian nation could use its hydropower resources to generate the sustainable fuel for transport in its gas pipeline network. An agreement to cost the development of such an industry formed part of a deal which will see the EBRD lend the Georgian Oil and Gas Corporation €217 million to help it through a Covid-19-related cash crisis.

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Acciona seeks innovative storage technologies

The Spanish renewables company is offering up two of its solar and wind power sites in Spain for the testing of energy storage systems. The call for companies to take part is open until the end of next month.

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Chinese PV Industry Brief: Tongwei and Longi hold wafer and cell prices

Plus, panel maker Risen began construction of a 15 GW cell and module factory in Yiwu, in the central Zhejiang province of eastern China.

Two more PPAs for Spanish solar plants

Solaria secured a ten-year deal to supply solar power from a 150 MW of generation capacity this week and a Sino-Israeli consortium signed a deal to supply energy from 50 MW of capacity over the same term.

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