grid-parity solar

The 16 MW project is under development by Swedish-based utility Vattenfall. Construction is scheduled to start in 2024.

Several utility scale solar projects are being developed in Czechia, with investors hoping to secure subsidies from a recently launched rebate scheme that covers up to 50% of the costs. Securing a PPA to sell power, however, may be more difficult, as the current market conditions do not offer many opportunities for long-term deals.

Higher gas and electricity prices could open up new opportunities for short-term power purchase agreements in the Italian and European renewable energy markets, according to Stefano Cavriani, the founder and director of EGO Energy, an Italian company that specializes in PPA hedging. In a chat with pv magazine, he explained that electricity prices should not increase more, but they may stabilize at current levels, or slightly below the €100/MWh threshold.

The 8 MW/12MW wind-solar facility will be connected to 8.2 MW of storage and will power operations at Rio Tinto’s ilmenite mine in Southern Madagascar.

Such a decision, which industry body the CPIA is adamant has already been announced, could make all the difference to investors struggling with a surge in equipment costs fueled by the polysilicon shortage. The all-important National Energy Administration, however, has yet to confirm whether the CPIA’s interpretation is correct.

According to a recent report from Brazilian consultancy Greener, unsubsidized solar projects are proliferating in the Latin American country. The study also reveals that the utility scale PV projects that are in an early or intermediate stage of development, have a combined capacity of 98.9 GW.

LevelTen Energy reports each quarter on the prices that wind and solar project developers have offered for power purchase agreements, and makes medium-term estimates for the most important markets. Italy and Spain have been the most active markets in the first quarter of 2021.

The solar-plus-storage facility will reduce heavy fuel oil consumption by 13.1 million liters per year.

Construction on the solar plant is expected to begin this year. It will supply power to SNCF’s unit SNCF Energie over a 20-year period.

The TBEA-owned poly manufacturer has predicted further consolidation as it aims to ramp up output with another 100,000 tons of annual production capacity.