Floating solar plant with LCOE of $0.051/kWh comes online in Malaysia
The 13 MW array was deployed in the Selangor state on the west coast of Peninsular Malaysia. The plant is selling power to local utility TNB under a 21-year PPA. The project’s levelized cost of energy is MYR 0.21608 ($0.051).
Japan’s largest solar-plus-storage plant is now operational
Softbank has energized a 102.3 MW solar park backed by 27 MWh of lithium ion storage capacity. The project was built on 132 hectares of land near the town of Yakumo, in the northern island of Hokkaido.
German hydrogen specialist to expand electrolyzer production in Europe
Enapter wants to launch mass production in Saerbeck, in the German state of North Rhine-Westphalia. It also plans to expand its current production facilities in Pisa, Italy.
Poland added 421 MW of PV in August-September period
The country’s cumulative installed PV power hit 2.68 GW at the end of September. Newly installed capacity for the first 10 months of the year has surpassed 1.3 GW.
Iberdrola begins construction on 317 MW hybrid wind-solar plant in Australia
The AUD 500 million facility is Iberdrola’s first renewable energy project in the country, which has become one of the great growth region’s for the Spanish company.
Portugal sees 74 MW of utility-scale PV coming online
German group WiNRG completed three of the six projects totaling 205 MW that it is currently building in Portugal.
Solar+storage replaces US coal plant
The utility plans to replace the San Juan coal-fired station’s 847 MW of capacity with 650 MW of solar generation and 300 MW/1,200 MWh of accompanying energy storage.
Wärtsilä’s 9 MW battery storage system reduces demand peaks
An independent power producer, AEP OnSite Partners, will be the first to deploy Wärtsilä’s new storage product.
German solar PPA market to reach 300 MW in 2020
After the slump caused by the Covid-19 crisis, the demand for subsidy-free photovoltaic projects has again picked up in Germany. By the end of 2022, German consultancy company Enervies sees a maximum potential of up to 3.6 GW for photovoltaic systems that could be implemented outside of the EEG subsidy scheme.
Nobel Prize-winning auction geniuses want to apply their findings to renewables
Stanford professors Paul R. Milgrom and Robert B. Wilson were awarded the 2020 Nobel Prize in economics for developing a new auction theory and new auction formats for goods and services. Their findings were already successfully used in the electricity energy sector and may now meet the challenge on how to better shape clean energy procurements.
