News

Dutch government seeks to privatize Tennet
Tennet needs more than €4.75 billion to invest in cross-border grid infrastructure between Germany and the Netherlands, as rising volumes of solar and wind are complicating network operations, said Dutch Finance Minister Wopke Hoekstra in a recent letter to the Dutch parliament, adding that the government may need to privatize the state-owned transmission system operator or sell off a stake in it.
Sep 16, 2019 // Markets & Finance News, Germany, Europe, Netherlands, Tennet, Wopke Hoekstra
Australia’s AEMO radically curtails output of five large solar farms
The Australian Energy Market Operator constrained the output of several large-scale solar plants by 50% on Friday, in response to voltage fluctuations in a 220 kV network spanning the states of Victoria and New South Wales.
Sep 16, 2019 // Plants, Large-Scale, Commercial, Storage, Australia, AEMO, Oceania, ACES, Andrew Stiel
India’s SECI to supply 1.3 GW of clean power through recent deals
With India’s power minister hinting that a new renewable energy tariff policy could be in the works, the federal agency responsible for solar has started boasting about the volume of clean power it has in the pipeline.
Sep 16, 2019 // Plants, Large-Scale, Commercial, Tariffs, Policy, Floating PV, India, SECI, Asia, Floating solar, Rajasthan Urja Vikas Nigam, Rihand Dam, Kerala State Electricity Board, Raj Kumar Singh
Solar microgrid to power Australian industrial park
A consortium led by gas network owner Enwave Australia is developing Australia’s first industrial renewable energy microgrid at a new 120-hectare business park in Nambeelup, Western Australia.
Sep 16, 2019 // Grids, microgrid, Enwave, Western Australia, Alannah MacTiernan, Peel Business Park, Ben Wyatt
Goldman Sachs reaches $4 billion in renewable investment potential
Goldman Sachs Renewable Power, a subsidiary of the investment banking giant, has reached an equity pool of $4 billion, which will serve to expand on the hundreds of megawatts in portfolios the company has acquired in the last 12 months alone.
Sep 16, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, SunPower, Goldman Sachs Renewable Power, Jon Yoder
Total, Envision’s JV launches commercial activity in China
TEESS, a 50/50 joint venture established by Total and Envision Group, has launched its commercial activity to develop on-site distributed generation solar projects for B2B customers in China.
Sep 16, 2019 // Plants, Large-Scale, Commercial, China, Total, teess, envision, Alex Sun, Julien Pouget
Study: Germany needs clean energy surge to replace coal, nuclear
Germany must embrace renewables and energy storage at an unprecedented scale if it hopes to offset the void left behind by coal and nuclear phase-outs, a new study has said.
Sep 16, 2019 // Plants, Large-Scale, Commercial, storage, ENERGY STORAGE, Germany, Europe, subsidies, bsw, zero-subsidy pv, Carsten Körnig
Fitch: Malaysian solar poised for growth despite record-low tariffs
Record-low tariffs seen in government auctions this month in Malaysia will not dent the country’s solar growth, according to analysts at Fitch Solutions.
Sep 16, 2019 // Plants, Large-Scale, Commercial, Grids, Tariffs, Malaysia, auctions, fitch solutions, tenders, market analysis
Greece goes smaller with end-of-year solar tender
Greece has opted to slightly trim the capacity on offer at the year’s last solar-only tender, setting ceiling prices that reflect the gradual technology cost decreases seen in the country.
Sep 16, 2019 // Plants, Large-Scale, Commercial, Grids, Greece, tender, solar pv, auctions, Europe, southern europe, rae
ACWA’s ‘record’ bid wins 250MW Scaling Solar duo in Ethiopia
Saudi Arabian energy developer ACWA Power has won a 250MW duo of World Bank-backed solar projects in eastern Ethiopia.
Sep 16, 2019 // Plants, Large-Scale, Commercial, Grids, world bank, international finance corporation, Africa, Scaling Solar, tenders, ACWA Power, Arabia Saudi, pv projects
Solar Market Insight Report 2019 Q2
The quarterly SEIA/Wood Mackenzie Power & Renewables U.S. Solar Market InsightTM report shows the major trends in the U.S. solar industry. Learn more about the U.S. Solar Market Insight Report. Released June 18, 2019
Sep 16, 2019 // Markets & Finance News, Market Research, Research-SEIA, Market research
Sweden increases budget for solar incentives by $48m
Funding for the rebate scheme had already been increased in April. Overall, the budget for this year now amounts to almost $125 million.
Sep 13, 2019 // Plants, Large-Scale, Commercial, Residential, Markets & Finance News, Sweden, Andreas Thorsheim
Greece to tender 287 MW of new solar capacity in December
The nation’s energy regulator today announced separate tenders for solar and wind generation capacity will be held on December 12.
Sep 13, 2019 // Markets & Finance News, Greece, tender, Europe
Silicon and perovskites should stick together, say Korean scientists
Researchers from the Ulsan Institute of Science and Technology have demonstrated a new method of fabricating perovskite-on-silicon tandem devices, using a transparent conductive adhesive to combine the two cells. The scientists have developed devices with demonstrated efficiencies of 19.4%, and propose strategies to bring that above 24% using existing technology.
Sep 13, 2019 // Technology, South Korea, Asia, silicon, Ulsan Institute of Science and Technology, Young Choi
Germany will need 160 GW of solar by 2030 to prevent power shortages
EuPD Research has calculated what needs to be done to replace the nuclear and coal generation to be phased out in Germany. Accelerated expansion of PV appears the best short-term option. However, storage capacity will need to increase 30-fold by 2040 so solar can become the main pillar of the country’s energy system.
Sep 13, 2019 // Plants, Large-Scale, Commercial, Storage, Rooftop PV, Solar to Fuel, Germany, Europe, EuPD Research, BSW-Solar, Solar to Fuel, Solar to Hydrogen, Producing Hydrogen, Hydrogen from renewable, Renewable fuels