Federal and state governments need to do a whole lot more to help the transition to electric vehicles, says the senate, after poll results indicated strong popular backing for the switch from fossil fuel transport.
According to provisions approved in their first reading by the Ukrainian parliament, solar projects selected in future auctions will be awarded 20-year PPAs to encourage investors to steadily abandon the FIT scheme until it expires in 2030.
The Spanish government has proposed a Royal Decree with new self-consumption regulation which is expected to be approved in March or April. According to the new rules, power surpluses may be shared with other consumers or fed to the grid.
The plant, under development by Canadian Solar, has secured $80 million from Banco do Nordeste. The facility is scheduled to come online in mid-2020.
A conference in London explored the next steps for renewables in the U.K. There was widespread agreement solar has been left in the cold by a government unwilling to alter the current market dynamics.
PV demand grew 68% year-on-year from the level seen in 2017 as Germany’s cumulative installed solar generation capacity reached 45.92 GW.
The procurement covers 66 government buildings identified by the nation’s solar unit from a 120-building portfolio. Successful bidders will sign a PPA with the government, which is aiming at self-consumption with an element of net-metering.
Since 2012, Kazakhstan has shown increased interest in its energy transition and put in place supportive regulations. The country lies in the path of China’s ‘One Belt, One Road’ initiative, which unlocks large-scale infrastructure investments.
Floating plants with capacities of 45 MW and 24 MW have been announced by Thailand’s largest power provider. They may be the first of nine projects at dams operated by the utility.
An article published in the FT this week was right to point out that pricing new energy capacity involves more than just comparing strike prices, but if you are in the business of calculating real costs, do it properly. For nuclear in particular, that’s a case of ‘in for a penny, in for (several) pounds’.
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