Grid defection is profitable in some solar-rich U.S. locations
Researchers from Canada’s Western University assessed eighteen case studies across thirteen US states and found in areas an economic case for disconnecting from the electricity grid in some areas with high solar irradiation and high electricity rates. They say economic grid defection and utility death spirals are becoming salient issues in the US.
Hungary expected to surpass 300,000 residential solar installations
Hungary’s Ministry of Energy says it will support more than 25,000 households with residential solar installations through its subsidy scheme, which launched earlier this year, taking the total number of installations to in excess of 300,000.
Serbia signs deal for 1 GW of solar, 200 MW of battery storage
An implementation agreement is in place between Serbia’s Ministry of Mining and Energy, utility company Elektroprivreda Srbije (EPS) and a consortium of Hyundai Engineering and UGT Renewables for six new solar plants totalling 1 GW. Up to 200 MW of battery storage will be developed across the sites.
IFC, Raiffeisen Bank provide €90 million for 225 MW of solar in Bulgaria
International Finance Corp. (IFC) and Raiffeisen Bank International have signed off on a €90 million ($97.8 million) debt package to support the development of a 225 MW facility in northeastern Bulgaria.
Emirates announces plans for 23 MW solar project
Emirates is partnering with Etihad Clean Energy Development to bring a large-scale solar energy project to the Emirates Engineering Centre in Dubai. It will have a capacity in excess of 23 MW – enough to generate more than one-third of the facility’s annual energy consumption.
SolarPower Europe calls for EU nature-inclusive solar policy
A policy paper by SolarPower Europe and the Nature Conservancy says clear policies are needed at the EU level to define, incentivize and scale up nature-inclusive solar projects.
JinkoSolar supplies 3 GW of modules in Saudi Arabia
JinkoSolar says it has supplied 3 GW of modules for two Acwa Power projects in Saudi Arabia, using its n-type Tiger Neo series 78 and series 66 solar modules.
India’s ITC commissions 9.45 MW offsite solar plant for self-consumption
ITC Ltd. says it aims to meet 100% of its electricity needs from renewable sources by 2030 as part of its Sustainability 2.0 Vision. Its new solar project in the Indian state of Karnataka is the company’s fourth offsite solar plant in the country.
South Australia earmarks regions for large-scale renewables
South Australia has announced two proposed release areas designated for the development of large-scale renewable energy projects in the Whyalla and Gawler Ranges regions.
Sungrow plans listing on Frankfurt Stock Exchange
Sungrow says it is planning a listing on the Frankfurt Stock Exchange to support its inverter and energy storage manufacturing operations beyond China.
