The procurement exercise was open to PV projects exceeding 250kW in size and had a ceiling price of ¥10.25/kWh ($0.089).
Data company IHS Markit expects almost nine out of ten big solar projects in the Americas over the next three years to be tracker mounted. More than a terrawatt of new solar will be added from this year to the end of 2025, the analyst predicted.
Researchers have discovered that large-scale PV arrays could enhance the voltage stability of northern Nigeria’s electricity grid.
Chinese renewables and gas-fired power plant developer Beijing Jingneng Clean Energy Co. announced today that it has commenced work on wind and solar projects in the autonomous region of Inner Mongolia with a combined capacity of 1GW. One of the projects is a combined solar, wind and hydrogen electrolysis project with a generation capacity of 500MW.
Renewable energy and battery storage has racked up another banner year in 2021, according to end-of-year analysis from Rystad Energy. While there was growth across segments, residential solar has seen the most impressive gains, surpassing the commercial and industrial (C&I) segment for the year.
Photon Energy has deployed its first merchant PV project in Hungary. The company said the €1 million plant may be the first in a series selling power to the spot market. In an interview with pv magazine, Hungarian renewable energy specialist, Ferenc Kis, stated that these projects may become more frequent in the future, due to new coordinated grid connection capacity allocation.
Fotowatio Renewable Ventures’ (FRV) Australian platform includes 637 MW (DC) in projects already operational or under construction, and a pipeline comprising 7 GW of solar projects and 1.3 GWh of battery storage.
Hive Energy, Ethical Power Group and Solar South West have set up a joint venture they hope will lead to 350 MW of utility scale installations in a country which does not suffer from grid congestion and which appears to have an energy transition-friendly administration.
The news Lebanon installed new solar capacity last year has come as a huge surprise, given the country is at risk of failure. Amid the country’s crisis, solar is offering solutions.
Indian developer Acme Solar’s green bonds were oversubscribed by over three times, and will support it financing twelve projects for a combined 450MW (or 605 MWp) of its operational assets in India.
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