Europe

The levelized cost of energy generated by large scale solar plants is around $0.068/kWh, compared to $0.378 ten years ago and the price fell 13.1% between 2018 and last year alone, according to figures released by the International Renewable Energy Agency.

The government is considering a €0.12/kWh feed-in tariff for PV installations with a generation capacity of up to 5 kW and of €0.10 for 5-30 kW systems. If implemented, the scheme will come into force next month.

The rooftop segment maintained strong growth but utility scale PV saw a slowdown on previous months. In the first four months of 2020, newly deployed PV systems added up to 1,479.5 MW of generation capacity, compared with around 1.6 GW in the same period of last year. The nation’s cumulative PV capacity hit 50.46 GW at the end of April.

The AYG-1 project, planned in the Aragatsotn province of western Armenia, will be 85% owned by the successful developer and 15% by the Armenia Renewable Resources and Energy Efficiency Fund (Anif).

A €15.2 million power-to-X-to-power hydrogen storage facility is being planned in Saillat-sur-Vienne, in Nouvelle-Aquitaine. The project partners want to use renewable energy from the grid and water to produce and store electrolyzed hydrogen. It would then be mixed with natural gas to power an upgraded, 12 MW Siemens SGT-400 industrial gas turbine which previously generated steam for local manufacturing and would be able to return power to the grid to meet demand.

The utility scale renewable energy tender saw wind prevail again, with 18 projects with a total generation capacity of 406 MW. Solar secured four projects with a combined capacity of 19.3 MW but did offer the lowest bid.

The sustainable lithium-ion battery manufacturer wants to secure raw materials to recycle into its products and will tap one of the world’s most advanced electric vehicle markets for its end-of-life batteries.

The 182 MW of new solar capacity installed in the first quarter of the year took the nation to a total 10,072 MW, according to the Ministry of Energy’s Department of Data and Statistical Studies.

The International Energy Agency has acknowledged dramatic falls in energy investment caused by the Covid-19 crisis but said renewables, including PV, offered an attractive proposition to investors as the dust settled, given their enticing economics and short turnaround times.

Zero-emission, low-cost regional flights with just eight other sanitized folk and a disinfected pilot! Yes, Covid-19 is warping our view of the future but the successful electrically-powered maiden flight of a Cessna Caravan last week offers the potential for new modes of transport to support a wider economic recovery in Australia.