Canada’s Alberta raises budget for solar rebates
The Canadian province will provide an additional CA$7.5 million for projects run by municipalities, while offering more advantageous conditions for businesses and non-profits.
Canadian Solar revenue down but profits up in Q3 results
The Chinese-Canadian solar manufacturer shipped 1.59 GW of panels in the latest quarter. Despite a 15.8% turnover decline, operating result and net profit both grew significantly. Capacity expansion plans for 2019 are now said to be under review.
A2A, Talesun plan 300 MW of grid-parity PV projects in Italy
The Italian power and gas provider and the European subsidiary of the Chinese module maker have created a join venture, which will acquire Talesun’s existing Italian PV plant portfolio of 43.2 MW and develop another 300 MW of market parity projects.
Boom in electromobility unlikely to cause lithium shortage
The French Environment & Energy Management Agency (Ademe) has published a report in which analyzes the dynamics of lithium supply and demand in different scenarios of global electrification by 2050. The agency experts are convinced that only with a 75% penetration of electric vehicles there is the real risk of a marked decrease in the safety margin of lithium supply.
Puerto Rico utility favors LNG over solar in Siemens plan
The Puerto Rico utility’s favored generation plan, in a report prepared by Siemens, involves an LNG terminal at San Juan and would achieve only 55% renewables by 2038. A scenario without LNG would reach 79% renewables by 2038 at comparable cost, based on undisclosed cost assumptions.
Spain wants 100% renewable electricity by 2050 as part of climate change strategy
The Law on Climatic Change being prepared by the Spanish government provides greenhouse gas emissions be reduced by 20% compared to 1990 levels in 2030, and that the electric system has 70% generation from renewable energy sources. By 2050, the targets will be raised to 90% and 100%, respectively.
IHS revises up outlook for Chinese solar to 40 GW after underestimating demand
Around 34.5 GW of PV was installed in China in the first three quarters – 1.5 GW more than expected by IHS analysts, who have raised their full-year guidance.
German government devotes €1bn to battery cell production
The Federal Ministry of Economics has published further details of possible battery cell production on a gigawatt scale. At the Networking Conference Electromobility 2018 in Berlin this week, Minister Peter Altmaier stressed the urgency of the project, for Germany and Europe to be independent of Asia and the US in storage technology.
Indian state-owned utility tenders a further 1.2 GW of solar
The projects, in Maharashtra state, will be commissioned through a reverse auction with technical bidding to close on December 19. The deadline for the submission of financial bids and the date for the reverse auction after the opening of financial bids, will be published in due course.
Edison connects large-scale storage system at PV plant in southern Italy
The Italian power provider has implemented its first pilot storage projects linked to solar. The system can provide grid services such as primary and secondary frequency regulation and tertiary and voltage regulation.
