Solar power loss expected to be minimal, but event offers unprecedented opportunity to assess the impact of small oscillations on national grids across affected areas in Europe.
The world’s biggest energy company Saudia Aramco has turned to PV as a key technology to reduce its power consumption at its “nonindustrial” facilities. The company has indicated the move will “displace hydrocarbons that could be better utilized within the Kingdom [of Saudi Arabia] or even exported.”
The Chinese PV developer will partner with Aqua Clean Energy on the co-development of floating PV projects in four U.S. states as well as Mexico.
Like the rest of Europe, Germany is bracing for its own version of Black Friday: Higher wholesale electricity prices, increased costs for reserve power and compensation in case of PV plant shutdowns are all in the cards.
A multi-year alliance agreement will see LG Chem roll out its commercial and microgrid storage systems in collaboration with Ideal Power’s power conversion technology.
The president will sign an executive order today cutting emissions 40% for the nation’s largest energy consumer—the federal government itself.
Tuesday’s elections will lead to the formation of a new government that will decide whether Israel will meet the high expectations of becoming the region’s real PV powerhouse or simply continue its favorable but not exactly enthusiastic PV policy.
The project comes on the heels of the Egyptian government’s announcement to build a new capital city for $45 billion. The Canadian solar giant describes the $5 billion investment for 3,000 MW of utility-scale solar PV projects as a “landmark agreement.”
China’s National Energy Administration has announced that it will boost its 2015 solar target to 17.8 GW. The NEA has cited the need to, “stabilize and expand the solar application market,” as the reason for the move.
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