The share of renewables in the global energy mix must more than double by 2030 for the world to advance the energy transition and achieve sustainable development goals, according to the International Renewable Energy Agency. Renewable electricity should supply 57% of global power by the end of the decade, up from 26% today.
The company will provide two 50 MW systems for investor the Gore Street Energy Storage Fund and project developer Low Carbon. The projects will be completed by the first quarter of 2021.
Dutch utility Liander has published a new list congested areas in the provinces of Flevoland, Friesland, Gelderland, Noord-Holland, and Zuid-Holland. The company said that developers of solar parks who are still waiting for grid connection may have to wait longer for additional grid capacity.
The analyst expects the final figure for new PV generation capacity in 2019 to top out at 20-24 GW thanks to the delayed introduction of a new solar policy, land scarcity, financing problems and grid connection issues. There are clouds on the horizon too, with China set to remain wedded to coal for the foreseeable future.
A pre-bid meeting has been arranged on January 20 for the project, which is being financed with a $74 million World Bank loan.
By this time next year we may be able to wave goodbye to that old chestnut about renewables endangering security of supply. Elsewhere, the price of lithium – and the products it goes into – could go either way after tanking this year.
Developer PowerGen has installed a new mini-grid in the country and plans to develop nine more projects with the support of the World Bank.
As solar and wind power enter the post-subsidy era, the next few years will be critical for China’s energy transition with investors learning to navigate the uncertainties of market reforms. With the 14th five-year plan – touted as a watershed in China’s energy system development – in the works, a report has recommended clear targets for 2021-2025 in terms of solar and wind power deployment and a reduction of coal consumption.
The nation has been plagued by extensive power outages again with debt-riddled utility Eskom blaming heavy summer floods for taking out extensive parts of its coal-fired power generation fleet.
Dutch transmission system operator Enexis, gas provider Gasunie and oil company NAM are considering diverting excess solar capacity in Drenthe province into hydrogen production. The companies are assessing which wind and solar projects may have been excluded from the grid.
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