Solar Markets & Finance News

An authorization to broaden Vistra's natural gas-fired Moss Landing generation station to 1,500 MW/6,000 MWh has been accepted, setting the stage for the world to see gigawatt-scale battery energy storage for the first time ever.

The 50 MWh battery will be colocated with phase 1 of the UPC/AC Renewables' 720 MW New England Solar Farm.

Argentine corporation Alcaal Group has signed an MoU with Chad's Ministry of Finance and also Ministry of Energy for a 200MW solar PV with a battery storage element located near the resources city of N'Djamena.

High grid link prices led to a solar strike cost in Ireland's first Renewable Electricity Support Scheme (RESS) public auction "dramatically greater than anywhere else in Europe" according to the Irish Solar Energy Association (ISEA).

Solar and also wind generated a record 9.8% of global electrical energy throughout the initial six months of 2020, but additional gains are needed if Paris Agreement targets are to be fulfilled, a new report has claimed.

SPI, North America's largest solar sector occasion, will certainly currently be fully virtual after the organisers terminated an outdoor exhibit rescheduled for October.

Southern Waters is thinking about getting electrical energy from generation facilities on its sites in southerly England. After introducing a request for info process last year, it is currently looking for quotes from independent power manufacturers.

2 of the big solar farms caught up in newly verified congestion problems in the New South Wales grid-- exposed by RenewEconomy on Monday-- have been drawn from sale.

The residential storage space market doubled last year, driven by disastrous blackouts that have actually consisted of wild fires, storms, as well as various other problems in countries all over the world. The growing global market for residential battery storage is being sustained by brand-new remedies that are linking roof PV properties to battery financial institutions controlled by powerful new software platforms. Huawei is entering placement to sustain the growing need with a brand-new collection of clever solar+ storage space solutions

Experts at Wood Mackenzie have looked at plans for the incoming years as well as wrapped up that concerning 119 production sites will be up and running by 2030. China presently sits firmly in the driving seat, with Asia Pacific making up 80% of international production ability, however Europe is catching up.

Module maker Seraphim has actually penciled a 150MW module supply handle dealer and solar importer Raystech.

Duke Energy is considering additional financial investments in solar projects in Florida and the Carolinas as it reels from a US$ 1.6 billion expense related to the termination of the Atlantic Coast Pipeline (ACP).

The new product is not commercially readily available yet, but in trials the materials presumably confirmed its technical and also cost-effective supremacy over NMC 622, NMC 811 and also NCA batteries.

Thermal power storage company Sunamp has increased ₤ 4.5 million in Series A funding to help support its international expansion.

Norwegian state-owned power titan Statkraft has actually scooped up the largest contract in Ireland's very first Renewable Electricity Support Scheme (RESS), with 2 solar farms amounting to 276MWp appearing effective alongside 57MW of onshore wind.