Skip to content

Markets

US energy firm AES commits to 70% carbon reduction in climate scenario report

The utility giant is preparing for a greener future with plans to cut carbon emissions, while integrating increasing levels of renewable generation and energy storage.

NSW, Australia in line for 4 GW solar, wind and battery hybrid project

Australian developers Energy Estate and MirusWind have proposed a massive renewable energy hub in New South Wales. The project will combine wind and solar energy generation with pumped hydro storage and other storage options to provide up to 4 GW of new clean generation.

Sungrow bags 201 MW solar project in Vietnam

The Chinese-based manufacturer has closed a deal for the supply of its inverter solutions to the large-scale solar project in southern Vietnam. Sungrow says it has deployed a total of 1 GW of solar projects in Vietnam.

1

Puerto Rico utility favors LNG over solar in Siemens plan

The Puerto Rico utility’s favored generation plan, in a report prepared by Siemens, involves an LNG terminal at San Juan and would achieve only 55% renewables by 2038. A scenario without LNG would reach 79% renewables by 2038 at comparable cost, based on undisclosed cost assumptions.

2

Spain wants 100% renewable electricity by 2050 as part of climate change strategy

The Law on Climatic Change being prepared by the Spanish government provides greenhouse gas emissions be reduced by 20% compared to 1990 levels in 2030, and that the electric system has 70% generation from renewable energy sources. By 2050, the targets will be raised to 90% and 100%, respectively.

3

IHS revises up outlook for Chinese solar to 40 GW after underestimating demand

Around 34.5 GW of PV was installed in China in the first three quarters – 1.5 GW more than expected by IHS analysts, who have raised their full-year guidance.

German government devotes €1bn to battery cell production

The Federal Ministry of Economics has published further details of possible battery cell production on a gigawatt scale. At the Networking Conference Electromobility 2018 in Berlin this week, Minister Peter Altmaier stressed the urgency of the project, for Germany and Europe to be independent of Asia and the US in storage technology.

Indian state-owned utility tenders a further 1.2 GW of solar

The projects, in Maharashtra state, will be commissioned through a reverse auction with technical bidding to close on December 19. The deadline for the submission of financial bids and the date for the reverse auction after the opening of financial bids, will be published in due course.

Extent of India’s new utility-scale solar has almost halved in six months

India added 1.2 GW of large-scale projects in the third quarter of 2018-19, taking new capacity in the first half to 1.9 GW. The numbers are down 43% and 44%, respectively, on the same periods of the previous year, according to Bridge to India’s quarterly India Solar Compass.

Czech Republic may exclude PV from future renewables auctions

Once a leading European PV market, the Czech Republic may resume development of large-scale renewables from 2021. Only wind, hydro and biomass projects, however, will be eligible, under a proposal from the Ministry of Industry and Trade. Only rooftop solar, of up to 1 MW, would be backed by a ‘feed-in premium’ scheme.

This website uses cookies to anonymously count visitor numbers. View our privacy policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close