South Korea allocates 2.2 GW in PV tender, final average price comes in at $0.119/kWh
Selected projects will be awarded a fixed rate under a 20-year contract under the country’s renewable energy certificate (REC) scheme and will sell electricity to local power distributors.
Mozambique’s first floating solar project
The floating array is planned for a water reservoir in Chicamba, in Manica province. Consultants are now being sought for the feasibility studies.
The Hydrogen Stream: China Yuchai unveils hydrogen engine, Monolith secures $1bn to expand Nebraska facility
Elsewhere, the ‘world’s first hydrogen racing truck’ has set out on this year’s Dakar Rally, with sponsorship from Saudi Aramco, and French hydrogen equipment business McPhy has been selected as preferred supplier for the GreenH2Atlantic project in Portugal.
India added 935MW of private-contract backed solar in first nine months of 2021
That meant the nation reached a cumulative 4.8GW of “open-access” solar generation capacity by the end of September. At that point, there were also more than 1.1GW of open access projects in the development pipeline, according to analyst Mercom India Solar.
Serbia targets 8.3GW of solar by 2024
Serbia is responding to European pressure to accelerate its energy transition to cleaner fuels by allocating €12 billion for wind, PV and hydropower facilities over the next two years. Thus far, there has been little in the way of development in the country, but some regulatory frameworks have been improved.
Koch Investments unit invests $150 million in GameChange Solar
Koch Strategic Platforms, a subsidiary of Koch Investments Group, has invested in GameChange Solar, a commercial and utility-scale solar racking provider, in a clear divergence from its earlier anti-solar strategies.
Azure Power commissions 600MW Rajasthan solar project
The PV plant, in the Bikaner district of the state, is the largest PV power project in India owned and operated at a single location by a developer.
Germany installed 410MW of PV systems in November
The newly installed PV capacity for the first 11 months of 2021 reached 4,844MW.
Iran wants to deploy 10 GW of renewables over the next four years
According to the Iranian authorities, there are currently more than 80GW of renewable energy projects that were submitted by private investors for review.
Massive deal in Israel’s growing energy storage market
China-based Sungrow has agreed to supply Israeli developer Enlight with 430MWh of its storage systems. The batteries will be used in two projects secured by Enlight in tenders held by the Israel Public Utility Authority for Electricity.
