Cost of developing renewables in Southeast Asia put through new mapping tool
Using an application based on resource data and country-specific techno-economic inputs, a report has analyzed the costs of developing utility scale renewables in Southeast Asia and found abundant, cost-competitive potential.
Saudi’s ACWA Renewables sells 49% stake to China’s Silk Road Fund
The Chinese state-owned infrastructure investment fund, which already has strong ties to the Saudi power company, will be a major shareholder in a Middle East and African clean energy portfolio that adds up to 1668 MW of generation capacity.
Net metering introduced in Albania
The scheme will be open to renewable energy systems not exceeding 500 kW in capacity. The Albanian government expects the program to enable the deployment of 200 MW of PV.
A thumping 29.7 GW of solar project capacity will compete in Brazil’s A-6 renewables auction
Brazilian energy agency the EPE has pre-qualified 1,829 renewable power projects with a combined capacity of 100.8 GW for the procurement exercise. The A-6 auction is expected to be the largest in terms of allocated capacity and to deliver lower bids than previous rounds.
Iberdrola plans another giant solar park in Spain
The project, in its preliminary development phase, should reach a total generation capacity of around 800 MW. The two solar parks that will make up the Castilla-La Mancha project would each have a 400 MW capacity.
Wärtsilä doubles renewable energy penetration by adding storage in holiday paradise
The Finnish company has commissioned a large scale storage project to reduce curtailment of wind and solar assets on Bonaire. The system will use machine-learning based energy management software to provide grid services and manage all of the island’s power generators.
Shortage of polysilicon for mono-Si wafers lifts prices
Analysts have observed rising demand amid rumors of stock shortages. Meanwhile, the price of mono cells fell further, although not far enough as far as the big beasts of the PERC module jungle are concerned.
Longi to spend $349m on new 5 GW module fab in Taizhou
The world’s number one mono silicon module manufacturer will add another 5 GW to its annual panel production capacity in 2020 as it pursues 16 GW of output this year and 25 GW next year.
Jinko supplied 351 MW plant in Vietnam
The Chinese manufacturer revealed it had supplied the modules to one of the largest PV facilities in the APAC region outside its homeland.
Mexico reaches 4 GW milestone
Of the nation’s installed operational PV capacity, 3,364 MW is in the form of solar parks while distributed generation contributes around 693 MW.
