Developers are making hay as far as PPA prices are concerned thanks to eye-watering wholesale electricity prices which mean they can just sell their solar and wind power on the open market.
The average global price of solar kilowatt-hours fell 13% on 2020’s prices, as around two-thirds of the renewables capacity installed last year was cheaper than the lowest-cost fossil fuel alternative.
Uzbekistan launched its latest procurement exercise in September 2021. The country aims to build three solar parks in the Namangan, Bukhara and Khorezm regions.
REC Solar has announced plans for a PV module gigafactory in France, along with 17 other clean tech projects that will share €1.8 billion ($1.8 billion) of grants from the European Union’s Innovation Fund.
Poland’s micro-installation market is rapidly consolidating as it shifts from net metering to net billing.
Croatia’s latest procurement exercise was significantly undersubscribed, with only 150 MW of submitted projects. The selected installations will be awarded 12-year feed-in premium contracts, but they will have to start delivering electricity by 2024.
South Korean researchers have published a new study on the use of hydrogel to remove gas bubbles in hydrogen production, while Shell has revealed that it will continue with its hydrogen investments in the Netherlands, Vestas, meanwhile, said it will launch a pilot project to use hydrogen in a crew transfer vessel.
The central Asian nation went from 4 MW of grid-connected solar to 104 MW in just 12 months and Total Eren’s latest announcement indicates an ambitious national goal of adding 12 GW of renewables this decade may not be so fanciful.
Machinery company Yuchai expects mass production by the end of 2022, targeting tractors and other heavy commercial vehicles in mountainous or plateau areas. Sunfire is installing a 2.6 MW high-temperature electrolyzer at Neste’s renewable products refinery in Rotterdam, with commissioning expected in early 2023. Meanwhile, hydrogen-based projects in the mobility and transportation sectors are taking off in France, Czech Republic, and the UK.
Romania has unveiled a state aid scheme to support investments in the production of hydrogen powered by solar, hydro and wind, while Air Products and Gunvor have agreed to build a hydrogen import terminal in Rotterdam.
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