The $1.4 billion cost includes a 1 GW solar field 260km away in Konya. The factory was developed solely by Kalyon Solar Technologies after development partner Hanwha Q-Cells walked away from the project.
A nation famous for high electricity prices has seen power costs fall 15% this year, according to analyst Wood Mackenzie, a figure which will help attract $100 billion of solar and wind investment to 2030. Renewables will have to work even harder, however, to displace fossil fuels in hydrogen production.
Scientists from the Lawrence Berkeley National Laboratory in the U.S. have defined a utility-ownership model for rooftop PV they say could raise power company shareholder earnings 2-5%.
Covid-19 hits to demand and bill payment collection have worsened the plight of the nation’s already debt-crippled power distribution companies, prompting the government to order an exceptional relaxation of lending limits.
Negative second-quarter updates from China and uber-low new-solar figures from India, however, show the world is far from out of the woods yet.
Norwegian polysilicon maker and silicon business Elkem is planning to build a manufacturing facility in Herøya.
David Riester of Lacuna Sustainable Investments, looks at how, on the journey from concept to monetized power plant, renewables and energy storage projects tend to get tugged toward ‘zero’ margin, from either direction. The further the rubber band is stretched, the stronger the pull back toward zero.
A novel anion exchange membrane has been developed by German chemical company Evonik. Its creators claim it can make hydrogen generation cheaper, as the cells used for electrolysis featuring the device would not require precious metals.
Analyst IHS Markit has predicted storage will rebound this year following its first year-on-year decline in 2019. The technology is being rolled out at pace despite Covid-19 with state-level policies set to keep the US the global capital for the next five years.
Harsh Goenka, from solar forecasting company Solargis analyzes the results of the nation’s first clean energy tender for pv magazine after the procurement exercise secured an average solar electricity price of €72.92/MWh.
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