Solar and wind are being installed at a rate that is three times faster than all other new electricity sources combined. This offers compelling market-based evidence that PV and wind are now the most competitive and practical methods for deploying new generating capacity.
Italian researchers have analyzed different ways to assess the levelized cost of energy (LCoE) of perovskite solar cells and modules. They said a common approach should soon be defined to increase the market maturity of the tech.
Construction has started on a 93 MW solar project in the Australian state of Victoria. The installation, which has been under development for at least five years, was sold to Enel Green Power in 2019.
kWh Analytics has started offering protection against physical damages to solar arrays and other renewable energy assets, in partnership with Aspen Insurance.
Ncondezi Energy has secured land for a 300 MW solar-plus-storage project in Mozambique. It has also signed an agreement with India’s Synergy Consulting for support in securing debt financing.
Sweden’s cumulative installed solar capacity hit 2.6 GW at the end of December.
The potential of perovskite solar cells and modules is still held back by issues such as stability and efficiency losses when scaling up from cell to module. But Annalisa Bruno, a scientist at Singapore’s Nanyang Technological University, says most of these challenges could be overcome in the near future, with this technology extending from building-integrated PV to conventional solar projects.
Two of Australia’s richest people are expected to be rivals in the bidding process for Sun Cable, the developer of what could be the world’s biggest intercontinental solar and energy storage project. Administrators indicate that the sale process could be completed within three months.
Airport PV can provide an instant boost to emission-reduction efforts while work continues on sustainable aviation fuels. Developing solar projects at or near airports, however, is not as straightforward as typical ground-mount installations.
The African Development Fund is helping the Eritrean government to deploy a 30 MW solar facility in Dekemhare, Eritrea. It has launched a tender to seek consultants for the project.
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