An energy transition investment report published this week has also revealed the former world record low price for solar power announced by the Al Dhafra project in Abu Dhabi last year, has fallen even lower since.
Selected projects will be awarded a fixed rate under a 20-year contract under the country’s renewable energy certificate (REC) scheme and will sell electricity to local power distributors.
Ecuador’s latest procurement exercise will be open to solar, wind, hydropower and biomass projects.
Around 12% of developers said in a recent LevelTen Energy survey that they are delaying projects.
The volume of new PV generation capacity added in the first half was higher than expected, given the rising input costs seen in recent months, but solar was nevertheless outpaced by new wind farms in the first six months of 2021.
Recent research has revealed a previously underestimated role for oxygen in limiting the performance of lithium-ion batteries. Newly published research from both Japan and the United States has sought to look deeper into the chemical reactions at the heart of lithium-ion storage; and to better characterize the cumulative effects that minuscule amounts of oxygen released during these reactions can have on battery performance and safety.
With the nation having operated seven pilot programs since 2011, a national scheme started trading on Friday, although the first day’s average carbon price of around €6.70 per ton of emissions was significantly below the €50/ton levels currently being seen in Europe.
European commissioner for economy Paolo Gentiloni has outlined how the commission’s planned revision of the energy taxation regime, and introduction of an EU carbon border, could be applied.
The Mexican authorities are overseeing the development of a $2 billion PV project as part of a modernization plan involving the country’s state-owned utility, CFE.
Rayzon Solar, a Gujarat-based PV manufacturer, is scaling its production lines up to 1.5 GW with the addition of 1.2 GW of mono PERC output capacity by the end of December. The new line will produce 600 Wp panels with efficiency ratings of 21.4%.
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