Japan’s fifth solar auction delivers final lowest price of $0.10/kWh
Only 39.8 MW of PV projects were allocated in the fifth round of Japan’s procurement program for large-scale solar. The lowest price offered was ¥10.99/kWh ($0.10) and the highest ¥13.0, for an average price of ¥12.57.
Grid-connected solar outpacing remote installations in Bangladesh
Industry figures indicate the expansion of the Bangladeshi grid is hitting demand for the solar home systems which have traditionally generated power for homes formerly out of reach of the electricity network.
Streamlining large scale solar crucial for Italian market
The Italia Solare Forum event held in Rome laid bare the difficulty of securing permits for large scale projects at national and regional levels. Fast-tracking the process for big solar parks appears necessary to get Italian PV back on track.
Hydrogen production as an antidote to grid constraints in northern Netherlands
Dutch transmission system operator Enexis, gas provider Gasunie and oil company NAM are considering diverting excess solar capacity in Drenthe province into hydrogen production. The companies are assessing which wind and solar projects may have been excluded from the grid.
Solaria gets grid connection approval for 450 MW solar park in Spain
The project will be built near the Trillo substation, in the Castilla–La Mancha region and represents around 15% of the 3.3 GW solar project pipeline the company hopes to deploy in Iberia by the end of 2023.
Germany will need 160 GW of solar by 2030 to prevent power shortages
EuPD Research has calculated what needs to be done to replace the nuclear and coal generation to be phased out in Germany. Accelerated expansion of PV appears the best short-term option. However, storage capacity will need to increase 30-fold by 2040 so solar can become the main pillar of the country’s energy system.
Latest Malaysian tender attracts bids for 6.7 GW of capacity
The third round of the nation’s Large Scale Solar procurement program was oversubscribed more than 13 times its 500 MW limit. The final electricity price is likely to beat the previous $0.079-0.13/kWh to settle somewhere around $0.042-0.057.
More big PV Down Under, as South Australia’s wind and solar pipeline swells to 10 GW
With the approval for a 176 MW solar farm and 66 MW battery storage facility near Murray Bridge, South Australia’s utility-scale wind and solar pipeline has reached some 10 GW.
Electricity demand drives Bangladesh
The second part of our hidden champions series head to Bangladesh, where rapid industrialization is driving increased electricity demand. Already a major off grid market, Bangladesh is seeing increasing interest from international investors and is taking the first steps toward realizing its formidable potential for large scale solar installations.
Unsubsidized solar all set to break the bank in Italy
The Solar Market Parity Italy 2019 event organized by Solarplaza in Milan last week gave an insight into the Italian large scale PV market by forecasting the trajectory of the segment and highlighting issues investors and developers may encounter.
