renewable energies

The Dubai Water and Electricity Authority (DEWA) has announced it will expand Phase IV of the 5 GW Mohammed bin Rashid Maktoum Solar Park by another 250 MW. The power utility has also revealed that the PPA with the project developer, local energy giant ACWA Power has been amended, and that the new PV portion of Phase IV, which originally included only a 700 MW CSP power plant planned to sell power at $0.073/kWh, will sell power at a tariff of $0.024/kWh. This price equals that of a 1.17 GW solar project currently under construction in Abu Dhabi.

The Dutch government is planning to raise between €3.5 billion and €5 billion through green bonds annually. The proceeds will be used for sustainable investments, including renewable energy deployment.

The International Renewable Energy Agency says Asia is offering the largest amount of people mini grid access, with the development of such systems mostly led by governments. Global installed capacity reached 308 MW at the end of 2017.

The new decree, which regulates the law for DG promulgated at the end of 2017, is intended to support distributed generation of renewable energy sources under net metering. The fund for DG, though, has shrunk by half in value thanks to currency depreciation.

The Chair of the solar commission of French renewable energy association SER – Xavier Daval – explains why a further commitment to nuclear by the Macron government may seriously undermine efforts of late to revive renewable energy. According to him, if more nuclear reactors will be built, France may miss the chance of positioning itself as a leading country in the growing global renewable energy market.

With the ruling coalition having agreed to extend additional tenders for PV and wind power, a related, draft bill by the Federal Ministry of Economics has been disclosed. The policy document includes a proposal for a 20% FIT reduction for solar installations ranging in size from 40 kW to 750 kW.

The World Bank says floating PV has the potential for 400 GW of capacity – under conservative assumptions. The authors of a World Bank study say adding floating solar to hydropower plants improves their flexibility while increasing energy yields.

Around the half of this capacity was deployed from April to September, according to new official statistics released by the Ukrainian authorities.

Newly installed PV capacity for the first nine months of this year has reached 300.9 MW. September was the month with the largest growth this year.

The Spanish gas and power provider will use the funds to build the Sertão I Solar and Sobral I Solar projects, with a combined capacity of 68 MW.