Scientists in Spain have assessed the viability of ‘power-to-heat-to-power storage’ in a residential solar installation in Madrid. The technology could reduce electricity bills by more than 70% and would have a 12 to 15-year payback period, according to the researchers.
Oil and gas business Repsol has launched Solmatch, the nation’s first large solar community.
Portugal set a new coal-free record because of the pandemic as Belgium and Israel moved to help the renewables industry. But there was grim news in Mexico and Turkey, and Bangladeshi clean energy firms have appealed for more assistance.
The unfolding effects of the Covid-19 crisis, and fears of a possible second wave, have split analysts trying to guess how the unsubsidized renewables market will emerge as slumping demand continued to distort power markets. pv magazine rounds up the week’s coronavirus developments.
Repsol announced the start of construction on its 126 MW Kappa solar park. The project consists of three plants located in the municipality of Manzanares, Ciudad Real. It will require a total investment of €100 million.
Portuguese electric utility EDP will supply power to Dutch nutrition, health and sustainable lifestyle multinational Royal DSM. The agreement relates to 59 MW of solar and wind generation capacity.
Durante un seminario web enteramente dedicado a los inversores para instalaciones comerciales e industriales, discutiremos con el fabricante GoodWe sobre sus soluciones de inverores string diseñadas para este segmento. ¡Esperamos su participación!
Although the energy price recovered this week, ultra low levels driven by bumper solar power generation on a sunny weekend in Germany reportedly put further pressure on the business case for conventional energy.
Political support for the idea of linking Covid-19 exit strategies to green policy appears to be mounting in EU institutions. Easter, appropriately enough, may have injected new life into the idea.
Industry body SolarPower Europe hosted a webinar to consider how the global public health crisis will affect solar. While workers and materials are still available, industry experts are concerned about the state of the financial sector. Banks could become more conservative and raise the cost of capital for renewables projects.
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