Spain’s Prodiel EPC is looking for a new partner, plans to enter new PV markets
Prodiel recently went from being a single entity to a holding company, comprised of three different businesses. Its project development division has created a 50% joint venture with Everwood, and now the EPC unit that is looking for a new partner to grow.
Five policies to make green hydrogen affordable in Europe – for just €24bn per year
With the EU carbon price sat at record highs of around €50/ton, the authors of a report into the policies needed to drive a clean hydrogen economy in Europe say the storage medium won’t compete with its fossil fuel powered version even if carbon allowances cost four times that level.
Cash-strapped GCL prepares to pay $189 million to ease project sell-off
The polysilicon maker, which is disposing of the solar farms managed by its New Energy business to pay down debt, is preparing to pay more than RMB1.2 billion to buy a minority stake in a subsidiary it already owns the rest of.
Masdar secures deal to develop ‘Armenia’s biggest utility scale solar project’
The UAE-based, state-owned renewables company had its original suggestion of a $0.0299/kWh price for the solar power generated refused by Yerevan, with the government putting the project out to a competitive tender. Masdar has won the bidding, but at a reduced energy tariff.
The Hydrogen Stream: Ineos to invest £25m in HydrogenOne fund as Shell fires up its 10 MW electrolyzer
Plus, the Norwegian government is set to devote €2.5 million into a joint venture trying to develop liquid organic hydrogen carrier solutions for shipping by the middle of the decade.
Chinese PV industry brief: Jinko Power announces 1.5 GW solar project and Gaoce eyeing 10 GW of wafer production
The Jinko Power unit of the solar manufacturer is planning a huge hybrid solar and wind project and China Energy Engineering is also making, slightly more modest, plans for generation capacity, as poly maker GCL continued its great PV project sell-off.
Renewables powered island can be an outlier for the Greek archipelago
The Greek Ministry of the Environment and Energy has signed a memorandum of understanding with a clutch of private companies to turn the small Aegean island of Halki green as a demonstration of the effectiveness of its planned GR-Eco Islands Initiative.
The prospects for solar in a 1.5C world
We will need 10.7 TW of clean energy generation capacity this decade to stay on track with the most ambitious of the climate change paths agreed in Paris, which would include plenty of solar investment and jobs, according to the International Renewable Energy Agency.
‘Residential batteries are less profitable than selling excess power to the grid’
Although self-consumption of solar power is the optimal economic approach, the expense of household batteries at present outweighs the increased ability they offer to use electricity generated on the roof. Whether aggregated ‘virtual batteries’ offer better returns is an open question, due to lack of electricity company transparency.
‘Denmark could be an 80 TWh clean power market by 2030’
Green hydrogen demand and electrification could drive a solar boom in the nation, according to the chief executive of a developer sitting on 4 GWp of photovoltaic projects.
