renewable energies

New research from Sweden showed that financing conditions and the choice of location are crucial factors in reducing the levelized cost of energy for utility scale solar parks built without subsidies in the Scandinavian country. According to the researchers, the project with the lowest LCOE in Sweden, of €0.02737/kWh, is a plant with an expected lifetime of 45 years, a 2% annual degradation rate, capex of €703,758 per megawatt installed, a yearly fixed operations and maintenance cost of €11,277 per megawatt, and a nominal weighted average cost of capital per annum of 0.2%.

Greenko Group has agreed to provide Ayana with 6GWh of pumped-hydro storage capacity from its project in the Indian state of Andhra Pradesh.

The Parque Solar Zonda project is expected to be built by Yacimientos Petrolíferos Fiscales (YPF) in three 100 MW phases and to require a total surface of 300 hectares.

Australia has hit a historic milestone – it has reached 25GW of installed solar capacity. As the Australian PV Institute noted on Monday, that’s more solar per capita than anywhere else in the world.

The project is relying on Sineng’s 3.15MW turnkey battery stations EH-3150-HA-UD 35 and is the first phase of a 300MW/600MWh that the Chinese state-owned power company China Three Gorges Corporation is building in China’s Shandong province.

Researchers from the United States have investigated how fuel cells and electrolyzers may be able to operate under intermittent availability provided by both wind and solar and have found that an affordable hydrogen-based system for seasonal energy storage could be achieved at a hydrogen price lower than $3, produced from inexpensive renewable electricity at $0.02/kWh.

Recent analysis from German consultancy Enervis has shown that only 40% of the electricity to be generated by solar capacity in Poland’s latest auction for utility scale renewables will be sold under the exercise’s contracts for difference regime, and that the remaining share will be sold under bilateral power purchase agreements or to the spot market.

France has set a new target under which it will install 5GW of new PV capacity per year.

Verdagy has secured a $25 million investment for its new electrolyzer technology, which provides hydrogen fuel for heavy industrial applications. The membrane-based technology uses large active area cells, high current densities, and broad operating ranges to deliver hydrogen at scale.

The developers of the proposed 1.5GW Marinus Link transmission project, which would link Tasmania and the Australian mainland via an undersea electricity interconnector, have launched a new engineering survey to identify the most suitable corridor for the cables.