The recharging station will operate 24 hours a day and in a flexible format, which will allow fleets of electric buses, last-mile distribution vehicles, trucks, taxis and private electric cars to be supplied through fast charging points.
Through two different auctions, the Peruvian government expects to mobilize investments of around $2 billion.
State-owned utility NTPC, a partner of the International Solar Alliance, will help the Cuban government with developer selection and the signing of project agreements and will oversee solar plant implementation up to commissioning.
While there are still many uncertainties as to the way in which hydrogen trade might evolve and change economic ties and political dynamics between countries, experts agree that green hydrogen can bring winds of change to the global energy arena. According to the International Renewable Energy Agency, significant geoeconomic and geopolitical shifts are just around the corner.
Of this new capacity, 8.9 GW may come from distributed generation and 3.2 GW from utility scale solar. By the end of December 2022, the country’s installed solar power should reach 25 GW, according to new figures from Brazilian trade body ABSolar.
The Brazilian authorities have introduced new rules to ensure that PV systems below 5 MW in size will still be eligible for net metering tariffs until 2045. A grid fee for prosumers will go into effect from 2023, but the economic profitability of rooftop PV and small solar parks is expected to remain high.
In other news, Oil India is setting up a 100 kW green hydrogen production facility in Assam, while the German government is providing €60 million for a project aimed at preparing electrolyzer technologies for industrial production at gigawatt scale.
A new solar project has been switched on in Penonomé, in the province of Coclé, Panama. It was built with 450,000 solar panels and 89 inverters.
The country installed around 3GW of new PV systems in the fourth quarter of 2021 alone. Around 8.4GW of the current PV capacity is represented by solar installations not exceeding 5MW in size, and operating under net metering.
Storage projects, and projects linked to some storage capacity, will also be entitled to participate in the procurement exercise.
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