The Australian state of Victoria is on track to host one of the world’s largest lithium-ion batteries. The 300 MW/450 MWh Victoria Big Battery will be constructed on the outskirts of Geelong.
Econet wants to build commercial and industrial PV systems across its homeland, Kenya, Zambia and the Democratic Republic of Congo. South Africa-based investment firm Royal Bafokeng Holdings (RBH) has made a $20 million equity investment in these projects.
Spanish PV software specialist RatedPower has developed a new algorithm that purportedly offers a way to efficiently design grid interconnections.
Energy giant Iberdrola plans to install 32.5 MW of solar at its combined-cycle power plants in Spain.
The Japanese gas provider wants to acquire a 63.2 MW solar plant in Japan and a 631 MW PV facility in the United States. It has issued a JPY 10 billion ($95.9 million) green bond to finance these transactions and support its other operations.
The selected independent power producer will be awarded a 20-year PPA. The tendered solar plant will have a minimum capacity of 850 kW.
The Spanish government has introduced new rules to procure renewables via auctions. It will hold its third auction by the end of this year.
The solar project, located in Altai, is being developed with the financial support of the Asian Development Bank (ADB).
In a new paper published in the journal of Renewable and Sustainable Energy, renowned PV scientist Pierre Verlinden examines the solar industry’s trajectory towards the 70 TW of installed capacity that will be needed by 2050, as the best choice for meeting climate targets set out in the 2015 Paris agreement. Silver consumption and recycling, according to Verlinden, will be the biggest challenges in the years to come, as well as ensuring balanced growth and avoiding a major installation rush in the years close to 2050.
The solar park is being built by French developer GreenYellow and is expected to come online by mid-2021.
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