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.
‘Solar cow’ wins Aid Innovation Challenge
Yolk yesterday won the Aid Innovation challenge at the 2018 AidEX in Brussels. Using solar PV in a fun, novel manner, the Korean social enterprise has addressed major social problems in under-developed countries.
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.
Canada’s Alberta raises budget for solar rebates
The Canadian province will provide an additional CA$7.5 million for projects run by municipalities, while offering more advantageous conditions for businesses and non-profits.
Canadian Solar revenue down but profits up in Q3 results
The Chinese-Canadian solar manufacturer shipped 1.59 GW of panels in the latest quarter. Despite a 15.8% turnover decline, operating result and net profit both grew significantly. Capacity expansion plans for 2019 are now said to be under review.
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.
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.
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.
