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Renewable Energy

New methodology to avoid mispricing the value of PV projects

A new process is described as a tool to assess the value of deferring, relocating, or abandoning PV projects under development in uncertain market conditions. It reportedly allows accommodating different sources of uncertainties with different stochastic features, as well as accounting for the various managerial flexibilities embedded in most solar projects.

Smart O&M platform detects hail-related damages in PV systems

Massimo Albino Russo, head of business development for Enerqos Energy Solutions, recently spoke with pv magazine Italy about its smart O&M service to detect dysfunctions in solar arrays hit by hail. The Ameresco Group subsidiary uses drones and artificial intelligence to deal with PV system damage.

India’s NTPC to build 550 MW solar farm tendered for $0.031/kWh

NTPC Renewable Energy Ltd. (NTPC REL) has secured a letter of award from REC Power Development and Consultancy (RECPDCL) to develop a 550 MW solar project. It won it at a tariff of INR 2.56 ($0.031)/kWh through competitive bidding in the RECPDCL auction.

NextEra reveals 250 GW pipeline of renewables, storage projects

NextEra, the leading clean energy developer in the United States, has deployed nearly 1.9 GW (AC) of solar, wind and storage over the past quarter, expanding its project backlog to nearly 20 GW. It has also secured interconnection queue positions for 145 GW of its projects.

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South Africa moves forward with plans to split Eskom into separate entities

The National Energy Regulator of South Africa (NERSA) is moving forward with plans to split Eskom into three separate entities. NERSA has granted the National Transmission Company of South Africa the authority to function independently from Eskom, while South Africa’s National Treasury is working on a bill to address the troubled national utility’s ZAR 423 billion ($23 billion) debt burden.

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Kosovo launches tender to build 100 MW solar plant

Kostt, Kosovo’s market operator, has launched a tender for the construction of a 100 MW solar plant. It will offer a 15-year power purchase agreement (PPA) to the selected developer.

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Suriname sets up auction scheme for renewables

Suriname is now seeking consultants for its new auction scheme to procure renewable energy. The nation has only deployed 12 MW of PV to date.

Australian developer plans 2.6 GW solar farm for green hydrogen project

Provaris Energy has advanced its Tiwi H2 green hydrogen export project for the Tiwi Islands in Australia’s Northern Territory, with the design feasibility report for the proposed solar farm and transmission system now complete.

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Weidmüller unveils DC combiner boxes for large-scale PV

Weidmüller USA, a manufacturer of electrical connectivity solutions, has introduced new PV DC Combiner Box models for large-scale PV systems in the US.

Vertical bifacial solar seeking greenhouse albedo, deployment space

A Colorado farmer has installed vertical bifacial solar, leveraging greenhouse albedo to increase output. The installation demonstrates promising generation during winter months, while maximizing limited land space.

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