The EU Council has defined its negotiating strategy for the so-called winter package, with which the EU wants to reach its energy and climate targets. The representatives of member states accepted, inter alia, the right to self-generation and CO2 limits for power plants to be financed through capacity mechanisms.
The Indian government has unveiled a roadmap for achieving its 2022 renewable energy goals. It has also announced plans for a 20 GW auction to boost domestic RE manufacturing.
Wärtsilä, one of the largest global supplier of flexible and efficient energy solutions, has announced that it will provide technically and environmentally advanced energy storage solutions to the power markets in India.
The EIB has also confirmed that it will provide $940 million in financial support for Indian renewable Energy.
Developers have submitted proposals to Mexico’s Secretariat of Environment and Natural Resources (Semarnat) to build 754.7 MW of large-scale solar capacity at six locations, less than a month after several companies applied for permission to develop 843.6 MW.
The 10 MW PV plant will be built by Indian developer Dynasty. The facility will sell power to the local grid under a 15-year PPA.
Solar projects with a capacity above 1 MW will compete with wind projects in a 150 MW renewable energy auction to be held in Poland by the end of this year, according to local research institute IEO.
The roadmap provides an overview of the market for crystalline photovoltaics in 2016 and forecasts the most important developments for the coming years.
PV can reach a share of 30% to 50% in the global power production by 2050, according to a study conducted by Mercator Research Institute on Global Commons and Climate Change.
Demand for small-sized PV systems remained strong in Germany in July, while growth of large-scale plants was lower than in the previous months.
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