Clean energy trade group the Canadian Renewable Energy Association has told policymakers CA$8 billion worth of solar and wind projects will be needed each year to decarbonize the electricity supply by 2035 and remove net emissions by mid century.
Competitive bidding for onshore solar and wind will establish a clean-power strike price acceptable to successful developers under the contracts-for-difference approach. The incentive scheme is also applicable to biogas, biomass, landfill gas, hydropower, concentrated solar power, and geothermal plants.
The new plan would require the deployment of around 15 GW of new PV capacity each year to 2030. The agreement also includes the gradual phasing out of all coal power plants by the end of the decade.
Industry association SolarPower Europe expects little change in the line-up of Europe’s biggest residential battery markets in four years’ time, with a rush of retrofits as turn-of-the-century solar feed-in tariffs begin to expire, set to keep Germany way ahead of the pack.
The $143 million, 280-acre project in southwestern Bangladesh will have a generation capacity of 100 MW thanks to 250,000 Longi Hi-MO5 modules.
The company has landed the signature of state-owned body the Solar Energy Corporation of India, which awarded Azure 4 GW of solar farms in return for the developer committing to set up 500 MW worth of cell and module production lines.
Since the beginning of 2021, all new buildings constructed in the European Union must be “nearly” zero energy. This is a complex task requiring synergies among various stakeholders and technologies. Ilias Tsagas provides insight into the drivers and challenges toward this set goal, and shines a light on solar’s most significant role.
Although wind power dominates the renewables scene in the Republic of Ireland and the North – and even natural gas has a bigger role to play – the grid companies of the neighbors have revised up their estimates of how much solar will be needed, after talking to the public and industry.
The 20 MW Golomoti PV project will include 10 MWh of lithium-ion battery storage in a first for the sub-Saharan African market, according to its London-based joint developer.
Next year will set new records for the U.S. solar market, with 30.4 GW of installations expected. The utility-scale PV pipeline in 2022 is nearly 50% greater than 2021 and 2023, due to the combined effects of pandemic-related supply chain impacts, the solar Investment Tax Credit schedule, and other module procurement challenges. Over the next two years, solar installations will be concentrated in Texas, California, Ohio, Indiana, and Nevada, with large portions of the pipeline being developed by a few key players in each state. IHS Markit’s Eric Wright takes a closer look.
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