Lazard says fossil fuel costs double that of utility-scale solar
The levelized cost of electricity (LCOE) for solar has fallen to between $29/MWh and $92/MWh, according to a new report from Lazard.
India’s SJVN allocates 1.5 GW of wind, solar for $0.041/kWh
SJVN has allocated 1.5 GW of wind and solar for $0.041/kWh. The winning developers will establish wind-solar hybrid projects on a build-own-operate basis under 25-year power purchase agreements (PPAs).
BASF, NGK launch sodium-sulfur battery with less than 1% degradation rate
A set of technological improvements incorporated into the new product NAS MODEL L24 allows for lower maintenance costs compared to the earlier sodium sulfur battery type developed by the two manufacturers.
Weather-related damage to solar assets exceed modeling expectations by 300%
The report from kWh Analytics, with input from several industry leaders, identified 14 risks to be aware of in the solar industry, including risks related to extreme weather, such as hail, and operational risks.
Solatio plans 4 GW of solar for hydrogen production in Brazil
Spanish solar developer Solatio says that it plans 4 GW of solar to support hydrogen production in Brazil, under a $1.94 billion agreement with the state government of Piauí.
Australia adds 9.6 GWh pumped hydro project to pipeline
The pipeline of pumped hydro storage projects in the Australian state of Queensland continues to grow, with Victoria-based renewables company BE Power announcing plans to develop an 800 MW/9.6 GWh project at Mount Alma near Gladstone.
State Grid commissions 1.4 GW of pumped hydro storage in China
State Grid Corp. of China says it has finalized a pumped-hydro storage project consisting of four reversible pump-turbine generator units, each with a capacity of 350 MW. It is located near Xiamen, in China’s Fujian province.
Swiss say ‘yes’ to new law to expedite solar development
Swiss voters have approved a new electricity law that mandates PV systems on large buildings, supports electricity communities, and encourages collective self-consumption.
Volkswagen enters C&I energy storage business with Elli
The Volkswagen Group has announced its entry into a new business segment with its charging and energy brand Elli. It will develop massive industrial battery energy storage systems, including initial 350 MW/700 MWh projects already in its pipeline.
India’s JSW Energy starts construction of 1 GWh battery storage
JSW Energy has started construction work for its 1 GWh battery energy storage project in India, marking its foray into energy storage services. The company is also spearheading the development of India’s largest commercial-scale green hydrogen project in India.
