Deploying solar, storage, heat pumps in the Arctic
US researchers have conducted case studies on the successful deployment of distributed renewables in the state of Alaska. In one study, two cities installed 223.5 kW solar PV arrays coupled with 351 kWh batteries and 250 kW inverters, in addition to cold climate heat pumps.
US renewable PPA price increases cool off as material costs fall
Edison Energy says in a new report that prices increased more moderately in the fourth quarter of 2022, compared to the steep price hikes seen since 2021.
Construction begins on 93 MW Australian solar farm
Construction has started on a 93 MW solar project in the Australian state of Victoria. The installation, which has been under development for at least five years, was sold to Enel Green Power in 2019.
European PPA market prices fell 15% in December
Swiss consultancy Pexapark says falling energy prices, lower heating needs, and healthy gas reserves have had a calming effect on the European power purchase agreement (PPA) market. It foresees an increase in transactions over the short term.
Irish developer secures financing to build 1.2 GW of solar
Power Capital Renewable Energy (PCRE) has secured €240 million ($259.5 million) to build 1.2 GW of solar projects across Ireland. Commercial operations are expected to start in 2025.
Amp Energy to build 200 MW hybrid wind solar plant in India
Amp Energy has agreed to set up a 200 MW wind-solar plant on a build-own-operate basis. It will sell the generated electricity to Solar Energy Corp. of India.
Latvia to host 100 MW of unsubsidized solar
Vilnius-based Green Genius has revealed that it will build an unsubsidized PV installation in Jekabpils, Latvia. Upon completion, the 100 MW project will be the country’s largest solar installation to date.
India could potentially add 45 GW of corporate renewables by 2027
Bridge to India said it expects companies in India to deploy 45 GW of renewables capacity over the next few years.
Bangladesh offers PPA for 68 MW of solar at $0.102/kWh
The Bangladesh Power Development Board (BPDB) has agreed to buy solar electricity from a 68 MW facility that is now under construction in the country’s Sirajganj district, as part of a new state plan to buy cheap power.
European PPA prices increased by 7.4% in November
European prices for power purchase agreements rose in several countries in November, with the Polish index recording an increase of 19.4%. Portugal registered an increase of 15.5%, followed by Spain at 15.7%. Germany was the only country that recorded a monthly decline, with prices falling by 0.8%.
