Although the country’s new national energy independence strategy says wind will represent 65% of its total renewable energy share by 2050, the number of households that self-generate their power (predominantly from solar) is expected to increase from 34,000 in 2020, to 500,000 in 2030.
A report from the Paul Scherrer Institute forecasts a bright future for PV technology in the Alpine country. Solar may even be able to grow by 18 TWh over the next 30 years from just 1 TWh currently.
In the first ten months of 2017, new PV additions totaled 1,465 MW, which is almost the same amount of installed solar capacity installed in the same period of last year.
The Finnish power utility has agreed to acquire three solar facilities, commissioned between 2016 and 2017 and located in Russia, from local solar module maker Hevel.
Trina Solar may scrap planned Indian PV fab amid tumbling prices driven by solar auctions, reports Bloomberg New Energy Finance during its Shanghai summit. Demand for lithium, meanwhile, poised to reach record high on back of expected EV growth.
The 549 MW PV facility will be built by Spanish industrial group ACS on 2,369 hectares of land, spread across the municipalities of Escatrón and Chiprana. The project was selected by the Spanish government in this year’s second renewable energy auction, in which around 3.9 GW of solar power was allocated.
The lowest bid among the selected solar projects was confirmed at US$40.44/MWh. The average price of all the 66 qualified offers for PV was $43.5/MWh.
In an interview with pv magazine, Santiago Barcón, columnist for Energía Hoy and advisor to Mexico’s Energy Regulatory Commission, talks positively about the results of Mexico’s third power auction, despite final prices coming in lower than expected.
The plant was installed in an area of Egypt’s Western Desert that is devoted to a governmental project to transform half a million acres of desert into arable land.
The Northern Territory government has given broad support to a plan to transition the territory to 50 per cent renewable energy by 2030, and announced new funding for rooftop solar and grid upgrades, after the release of a Roadmap to Renewables report on Monday.
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