Arizona approves cut to compensation rates for rooftop PV
The authorities in Arizona have upheld the precedent of capping the reduction at 10% for compensation rates for rooftop PV, following a proposal for a 37% cut. However, there is a possibility of new risks emerging, according to the Arizona Corporation Commission.
The Hydrogen Stream: Egypt to host 3.6 GW of electrolyzers at Suez Canal
Globeleq has revealed plans to build a green hydrogen facility in the Suez Canal Economic Zone, and Air Liquide has agreed to run a hydrogen production unit for TotalEnergies in France. Doosan Fuel Cell, meanwhile, has said it will export 105 MW of hydrogen fuel cells to China by 2026.
Meyer Burger ramps up solar panel plans
Switzerland’s Meyer Burger is accelerating the expansion of its solar panel production capacity, following the extension of the US solar tax credit for PV manufacturers and an order from developer DE Shaw for 3.75 GW of US-made heterojunction modules.
Battery fire at Salt River Project in the US
Fire crews in Chandler, Arizona, sent robots into a building at the Salt River Project where a 10 MW battery was smoldering.
Tesla Powerwalls in California join the movement to create virtual power plants
Made up of distributed residential energy storage, these “plants” stabilize the grid and often end the need for new fossil generation. Tesla customers in California are the latest to join the movement.
Capital Dynamics takes full ownership of 125 MW PV project in Arizona
Capital Dynamics’ Clean Energy Infrastructure unit previously acquired a 30% stake in Arlington Valley Solar Energy II as part of the acquisition of three PV projects from LS Power in November.
US utility scale solar powers through 2020
Big solar projects in the U.S. are back in style and growing in number.
New reports look at 2019 Arizona battery explosion
A series of failures triggered thermal runaway and an explosion at Arizona Public Service Electric’s McMicken battery facility, according to two new reports that look at how to prevent similar disasters in the future.
First-half solar funding fell by a quarter as Covid-19 bit
The latest PV finance report released by Mercom Capital had solar investment falling almost entirely across the board with the number of new solar funds launched in the last three months offering a rare piece of good news.
Historic-low interest rates will power ahead astonishing solar cost reductions
An Ieefa report has suggested the cost of generating electricity from solar will be near zero in the world’s sunniest regions by 2030-40 – despite what the naysayers at the International Energy Agency might think.
