The deadline to submit bids is March 1 and the offered capacity is 1,107.7MW instead of the originally planned 617MW. The ceiling price has been set at €0.0557 per kWh.
Anglo-Australian mining giant Rio Tinto’s ambition to become one of the world’s largest lithium suppliers has taken a battering with the Serbian government pulling the plug on the company’s $3.3 billion ($US2.4 billion) Jadar lithium-borates project.
On the company’s Q4 earnings call, the world-leading EV manufacturer again prioritized delivering cars over growing low-margin energy storage products, while solar products were barely noted. Both verticals grew though, solar by 68% and storage by 32%.
New research from the U.K. shows the increasing competitiveness of long-distance hydrogen interconnectors over the next three decades. Compared to high-voltage electricity cables, hydrogen interconnectors may soon achieve a much lower levelized cost of storage and their ability to further reduce the final LCOE will depend on how much electrolyzer costs will reduce over the years.
South Korean energy producer South-East Power has started operating a 150 MW solar plant in South Jeolla province. The project was partly backed by crowdfunding among local residents.
SUN Energy’s 100 MW Merredin Solar Farm in Western Australia has emerged as the country’s best performing utility-scale PV project in 2021. International consultancy Rystad Energy says it has delivered an average capacity factor of 29.6% for the calendar year.
A massive solar noise barrier in the US state of Massachusetts is expected to generate 802,000kWh of electricity per year, or the equivalent of annually supplying 120 homes with power.
In the next ten years, according to Milanese consultant REF-E’s simulations, storage in Italy will mostly be driven by opportunities in the ancillary services market. After 2030, when renewables will provide most electricity, REF-E believes the price spread between different hours of the day should be high enough to cover the cost-per-cycle of energy-intensive storage. Energy expert Virginia Canazza discussed the topic with pv magazine.
The 120MW facility is selling power to State Grid Corporation of China at a price of RMB0.453/kWh ($0.0762). It relies on 21.2%-efficient JT SSh(B) 450W/455W high-efficiency dual-glass panels provided by Chinese manufacturer Jetion.
With solar water pumps, farmers have access to high-quality power available for irrigation. These systems are portable and can be assembled at any preferred location. With the growing utilization of these systems, the costs have decreased substantially, making them an efficient, convenient and cost-effective solution for grid-isolated rural areas.
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