The first window to submit project proposals will be opened on March 13. The program is open to, among other renewable energy projects, solar plants over 1 MW and projects ranging in size from 15 kW to 1 MW.
The Canadian Department of Energy has revised its goals to phase out coal powered electricity by 2030. It will increasingly focus on renewable energy (RE) and natural gas. In Alberta alone, an extra 5 GW of solar and wind are expected to be installed.
The project is scheduled to come online by mid-2019 and will help the local grid better manage the increasing power generation from wind and solar facilities, which at the end of 2017 had reached a combined capacity of 500 MW.
Under the REmap case study for the EU, presented by the International Renewable Energy Agency (IRENA) in its latest report, solar PV and wind power will account for the bulk of capacity additions in the power sector by 2030. The potential identified for solar PV amounts to 270 GW, an 86 GW increase on the business as usual scenario.
Investors throughout the world made 406 investments in large-scale renewables in 2017, collectively valued at roughly €40.1 billion (US$49.5 billion), but solar is set to grow more in terms of capacity than any other clean-energy technology over the next half decade, according to a new report. Battery storage will play a crucial role in this, it found.
Price drop continued in the first round of the 2018 tender series. The final average price of solar bids was €0.0433/kWh, a value which is quite below that of the tenders for wind power.
Last year’s figures, however, still do not include new capacity coming from the revamping and repowering business. For 2018, local renewable energy association, ANIE Rinnovabili expects growth to be stronger.
The country’s cumulative installed solar power has reached 741 MW, while rooftop PV under net metering has topped 37 MW. Over 500 MW of new PV additions are expected in 2018.
1,200%. According to Bloomberg New Energy Finance, that’s how high imports of Chinese modules rose in the fourth quarter last year, in a desperate attempt to stockpile sufficient numbers before tariffs choked off international supplies.
Mexico is set to become the largest solar PV market in Latin America, with around 2 GW of installs expected annually. Political and regulatory uncertainty do not appear to be affecting investor interest, with more opportunities than challenges present. pv magazine attended GTM Research’s Solar Summit Mexico last week to report on the latest developments in the Mexican market.
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