ReNu Energy signed an agreement last week for the sale of its Australian solar assets to CleanPeak Energy, a commercial rooftop solar startup.
Solar-plus-storage could be competitive against gas peaking power plants in Australia within the next five years, as the average solar-plus-storage LCOE across the Asia-Pacific region is set to fall from $133/MWh this year to $101/MWh by 2023, according to a newly released research report.
The New South Wales Department of Planning and Environment has given the green light to a massive solar farm coupled with a utility-scale energy storage facility. The Australian project proposed by Edify Energy is valued at AU$407 million.
With declining costs, and increasing amounts of solar+storage added to electrical grids across the globe, there is a growing need to understand how to build bankable projects. In a recent pv magazine webinar, we discussed just this.
The Lebanese Center for Energy Conservation (LCEC) has published a list of the 75 Expressions of Interest (EoIs) for three 100 MW solar PV plus storage projects. A detailed call for project proposals will be circulated to the 75 consortiums by December 2018.
The U.S. Trade and Development Agency (USTDA) has awarded a US$1.2 million grant for a feasibility study assessing the viability of an up to 100 MW solar PV plant, coupled with storage, in Mozambique.
Hungary-based Sinergy Kft is the recipient of Wärtsilä’s first EPC energy storage project in Europe. The Finnish technology group commissioned the engine plus storage hybrid installation, its first globally, on August 22. The VPP can now provide frequency and secondary regulation to the Hungarian national grid.
Indonesia has reached a milestone, having inaugurated its first three solar+storage mini-grids, thus enabling three remote villages to enjoy uninterrupted, off-grid access to electricity for the entire day.
NEC Energy Solutions (NEC ES) has announced its 50 MW energy storage project in the U.K. with VLC Energy, is fully operational.
The AUS$150 million agreement between the government-owned CS Energy and the Kennedy Energy Park marks yet another positive step for Australia as it seeks to tap the potential of all its renewable energy sources.
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