A report from the Global Solar Council says Africa’s solar deployment is set to accelerate in the coming years, but stresses that mobilizing finance and strong regulatory frameworks will be required to attract investors.
Long duration energy storage (LDES) support scheme will have eight-hour minimum. First application round opens to well-established technologies, such as lithium-ion battery technology, with at least 100 MW capacity in April 2025. Flow batteries, compressed air, and liquid air likely to progress in second round, says regulator.
Adani Renewable Energy has secured the largest slice of 600 MW. Other winners include Mahindra Susten (240 MW), Avaada (210 MW) and Sprng Energy (150 MW).
Solar may have had a peak year in 2024, as persistent challenges in interconnection labor and more are forecast to lead to 1% annual declines through 2035, said a report from Wood Mackenzie.
TBEA says it will invest CNY 10.16 billion ($1.4 billion) in 3 GW of solar and wind projects with storage, backed by equity and syndicated loans, as part of plans to complete the solar plant by 2025 and wind project by 2026.
The French authorities have concluded a commercial and industrial (C&I) rooftop PV tender with an average price of €0.0982 ($0.1067)/kWh. The government allocated 220 MW of PV capacity in total.
The main source of production for the month was nuclear (22.1%), followed by hydroelectric (20.2%), wind (17.3%), photovoltaic (14%) and combined cycle (13.8%). In addition, 237 GWh have been supplied to storage facilities and 1,214 GWh have been scheduled to export energy to our neighbouring countries.
Construction of the Maryvale Solar and Energy Storage project is set to begin in the coming weeks with renewables developer Gentari pressing go on the DC-coupled hybrid project being built in central western New South Wales.
Juniper Green Energy has commissioned a 100 MW solar project in Rajasthan that will supply electricity to Bhutan under a cross-border power agreement.
The aid will take form of direct grants which will cover up to 50% of the investment cost of supported projects.
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