Spain’s third interconnection with Morocco could be Europe’s chance for African PV – or a boost for coal
The two nations have signed a memorandum of understanding to build a third power link connecting their electricity systems. The news will again initiate hope for the transfer of solar energy from Africa to Europe, but is that hope justified?
Centrica invests in Internet of Things startups and sees 4.5 GW flexibility potential in the UK
With its investment, the energy company has broadened its portfolio of ways to help customers save on energy bills. There are multiple energy companies pursuing similar goals at the moment as distributed generation and storage solutions require utilities to find new business models; not the least to avoid grid expansion costs.
Singapore fund and British developer eye stake in UK government’s south Asian renewables company
U.K. developer Lightsource BP – in which oil and gas giant BP has a significant minority stake – and its Singapore fund partner EverSource Capital are reportedly ready to take up all the $100 million slice of Ayana Renewable Power which is being put up for sale.
Power-to-gas crucial for solar-based energy system
In the Infrastructure Outlook 2050 study, Gasunie and TenneT say ambitious EU climate targets can only be reached through deeper integration of the power and gas infrastructure, and with power-to-gas technologies supporting renewables. The most bullish scenario for solar states how storage and power-to-hydrogen capacity could be crucial to meet seasonality in supply and demand.
Shell moves to acquire German storage business Sonnen
In May, oil giant Shell invested in German manufacturer Sonnen. Now the 112-year-old company wants to fully acquire the business, subject to Germany’s monopoly authorities. Sonnen said it hopes the deal will accelerate its growth by expanding its market reach and capacity.
EDF negotiates Luxel acquisition to boost its French solar deployment
France is set to have a near-3 GW annual solar market for the next six years from tenders alone and energy giant EDF wants a 30% piece of the action. To do so, the utility has entered negotiations with Luxel shareholders to acquire the PV developer.
Abu Dhabi utility fires starting gun on 2 GW solar project
A giant project is planned in Adhafra, near Abu Dhabi. Interested developers have until March 5 to prequalify for the tender.
Turkey’s 1 GW Konya project in doubt
Project partners Hanwha Q Cells and local company Kalyon Enerji appear to have ended their partnership and to be negotiating the terms of a ‘divorce’.
Amprion and OGE announce 100 MW power-to-gas project in Germany
The €150 million project is entering the approval phase. Using the new facility, expected by 2023, the two companies will test how electricity from renewable energy can be converted into green hydrogen and green methane via electrolysis.
Slovakian utility ZSE launches virtual battery for residential PV
The service, costing €2 per month, is for residential customers that use PV products provided by the power company. The system is provided by E.ON group – a shareholder in the Slovak utility – and has already been launched in Germany, Czechia and Italy.
