News

As renewable energy development is ramped up to address the climate crisis, negative side-effects should be avoided, especially when technology and resources could maximize the benefits. ‘Techno-ecological’ crossovers could ensure win-win outcomes for solar development and ecosystem and biodiversity conservation.

Portugal’s latest solar auction has concluded with record-smashing low prices, a top government official revealed to PV Tech today.

Australia’s state-run renewable energy financier, Clean Energy Finance Corp (CEFC) will shift gears over the next 12 months to prioritise investments in grid stability and large-scale energy storage, according to its latest funding update.

“Everybody’s been talking about this, but this is it,” Engie Storage CEO Christopher Tilley tells GTM.

Apex Clean Energy has selected Power Factors to provide the technical asset management platform for its solar and wind projects totaling more than 1,250 MW across 13 facilities in North America. Miller Bros. Solar also recently chose Power Factors to manage its solar projects.

A report by Greenpeace has found in the five years since China announced the continent spanning ‘One Belt, One Road’ infrastructure plan, investment in Belt & Road countries has supported 12.6 GW of wind and solar power generation capacity. That is almost three times the 450 MW that came online in the territories before 2014. The initiative has also supported 68 GW of new coal capacity.

The Palo Alto company says it has improved its large scale battery offering with the new product in the wake of the success of its Powerpack-driven big battery in Australia. The Megapack can be deployed at a 250 MW/1 GWh clean energy plant four times faster than a fossil fuel alternative, claimed the business in a blogpost.

When the minister of environment and energy announced a ceiling tariff of €45/MWh, analysts speculated the price would be too low as it undercut average bidding prices in the region. Preliminary, unconfirmed results of the exercise show, however, companies are happy to bid for two-cent solar in Europe.

New York City-based solar partner Safari Energy has launched a new solar financial solution.

IPP Sonnedix has completed a non-recourse financing of a portfolio of PV projects in Italy, at a value of US$224 million.

A mining giant has turned to Enel to power its transition to a fully renewable energy supply in Chile, signing a deal set to kick in two years’ time.

Engie has secured a power purchase agreement (PPA) for a solar plant to back the operations of Saudi Arabia’s self-styled largest listed food group.

Arizona’s largest electric utility is gearing up to tender 400MW of renewables before the summer is up.

Most CleanTechnica readers are renewable energy advocates. Wind, solar, recovering energy from the water we boil to make our breakfast tea — anything and everything that makes zero emissions electricity without burning fossil fuels is welcome. But there is a dark side to the transition to renewables. Lots of people make their living working in the fossil fuel industry. If the renewable energy revolution is to be successful, those people must be able to transition to clean energy jobs

The state-owned China News Service today reported almost $80 million is left in the pot for large scale project subsidies this year despite almost 420 facilities with a combined generation capacity of 1.77 GW having missed out in the auction.