The auction has been significantly oversubscribed and has seen 57 successful projects among 183 submitted. Around 299 GWh of power was contracted and will be provided exclusively by PV projects.
Photon Energy has deployed its first merchant PV project in Hungary. The company said the €1 million plant may be the first in a series selling power to the spot market. In an interview with pv magazine, Hungarian renewable energy specialist, Ferenc Kis, stated that these projects may become more frequent in the future, due to new coordinated grid connection capacity allocation.
Photon Energy reported raised revenue from sales of electricity in the second quarter of the year, compared with 12 months earlier, but said grid hold-ups at 14.6 MW of solar projects Down Under had affected performance.
The latest update to the Photovoltaics Report produced by research organization the Fraunhofer ISE has offered up the usual slew of interesting stats on the state of solar across the continent.
Energy efficiency, electrification of heating and transport, and the provision of clean cooking facilities are all going in the wrong direction as the Covid crisis deprived millions in sub-Saharan Africa of electricity use, according to a report by the IEA, IRENA, WHO, World Bank and UN Statistics Division.
While solar, wind and hydro generated 80 TWh more electricity last year than in 2019, coal and oil use fell in every EU member state, and Greek energy emissions fell almost 19%.
Rising volumes of photovoltaic project capacity are increasing the incidence of negative price periods for electricity–and changing the times of day when they occur.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.