Cost of developing renewables in Southeast Asia put through new mapping tool
Using an application based on resource data and country-specific techno-economic inputs, a report has analyzed the costs of developing utility scale renewables in Southeast Asia and found abundant, cost-competitive potential.
Australian renewables investment to slump after 2020 on policy uncertainty — report
In a recent briefing on Australia’s renewables investment boom, BIS Oxford Economics estimates that solar and wind will attract AUD $20 billion ($14.2 billion) of private investment in fiscal 2018 and fiscal 2019, spread across more than 70 projects. But the consultants warn that investment will slow beyond 2020, pointing to the upcoming Australian federal election as critically important for the future of the country’s renewables pipeline.
Hydrogen home storage, refueling hub get financial shot into the arm
Toyota Australia will transform its former manufacturing site in West Melbourne into a renewable energy hub to produce green hydrogen with the help of funding from the Australian Renewable Energy Agency (ARENA). In other hydrogen-related news, researchers at UNSW Sydney with partners H2Store have received a $3.5 million investment from Providence Asset Group to develop a hydrogen residential storage.
More developers approved for Egyptian small scale PV program
National scheme reportedly aims to drive installation in segments including residential and commercial and industrial facilities.
Ground breaks on 25 MW solar plant in Dominican Republic
The project is part of the three large-scale solar plants that the Dominican government is planning to bring online in 2018.
Cap Vert Energie reaches financial close for 33 MW of middle-sized DGPV projects in Chile
All of the 11 projects are being developed under Chile’s PMGD Program for distributed generation.
Tunisia’s power utility STEG plans another 10 MW solar park
The recently tendered project will be financed by German development bank, KFW and will be located in Tozeur, where STEG is now building its first PV plant.
Adani Australia signs PPA for Rugby Run solar plant in Queensland, Australia
Adani Australia is planning to construct a 300 MW and 10 0MW solar PV farm at Rugby Run in Queensland and Whyalla, South Australia, respectively.
Essel Infraprojects installs 55 MW solar in two Indian states
Essel Infraprojects, part of Essel Group, has added 55 MW of solar in the states of Uttar Pradesh and Karnataka, bringing its total installed PV capacity to 220 MW nationwide.
India’s Tamil Nadu state cancels 500 MW of solar projects
The government of the Indian state decided to cancel an auction held Jan-Feb 2017, as developers rejected offer to reduce tariff bid of INR 4.40 ($0.07)/kWh.
