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The Chinese solar market is changing shape
Two reports have described how the world’s largest renewable energy market is moving towards maturity. According to the Brookings Institution, the Chinese clean energy market could become more open to Western investors and tech. A report by Fitch claims projects are moving back to inland provinces from coastal regions.
Aug 22, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, China, Trump, Asia, North America, Jeffrey Ball, China-U.S. trade war
Masdar Signs Partnership for 145 MW Floating Solar Plant in Indonesia
Masdar has signed a PPA with PLN, the state electricity company in Indonesia, for the first floating solar photovoltaic (PV) plant in the country.
Jan 23, 2020 // Plants, Large-Scale, Commercial, Floating PV, Masdar, floating PV, Asia, Indonesia, International
Biden management to invest US$ 26 million in renewable grid demonstration projects
United States President Joe Biden has actually launched a US$ 26 million-funded project that will certainly demonstrate the US electrical energy grid can accurately run totally on renewables as well as energy storage space.
Aug 4, 2022 // Markets & Finance News, USA, First Solar, university of toledo, North America, Joe Biden, grid stability, Jennifer Granholm, cadmium
First Solar to invest $1bn to ramp US PV manufacturing
Investment will certainly expand the business's ability to domestically generate solar modules to over 10GW
Aug 30, 2022 // Markets & Finance News, USA, First Solar, Mark Widmar, North America
Shell & Green Tie Capital's Solar Project in the Offing in Spain
Global energy conglomerate, Shell plc and Green Tie Capital have determined to collaborate to create solar projects in Spain with a combined capacity of more than 2 GW.
To develop renewable resource projects in the Philippines, Nickel Asia Corp (NAC) subsidiary Emerging Power (EPI) and Shell organization unit Shell Overseas Investments signed a joint venture agreement in July 2022.
Sep 7, 2022 // Markets & Finance News, shell, International, sprng energy, Green Tie Capital, Hollandse Kust
New South Wales Govt's First Auction Underway for 12 GW RE Zones
This exercise is the very first in a collection of bi-annual tenders over one decade to replace retiring coal fired power stations with modern-day electricity infrastructure.
NSW is targeting the construction of 12 gigawatts of renewable resource by 2030.
Oct 12, 2022 // Storage, Policy, Australia, tender, Oceania, new south wales, Matt Kean, rez, Central-West Orana Renewable Energy Zone, Electricity Infrastructure Roadmap, Minister for Energy
North Macedonian utility embraces solar at expense of coal
State-owned power company Elektrani na Severna Makedonija, which is developing a 10 MW solar project at its coal plant in Oslomej, is planning to stop seeking a coal alternative to its depleted lignite mine and to instead expand the solar scheme to fully replace an ageing 125 MW thermal plant.
Sep 25, 2019 // Plants, Large-Scale, Commercial, Thermal, EBRD, Europe, North Macedonia, Elektrani na Severna Makedonija, thermal plant
Australian hydrogen project including 5GW of renewables safeguards investment firm backing
A Western Australian renewable hydrogen center that will be powered by 5GW of solar PV and onshore wind has actually safeguarded the support of Danish investment company Copenhagen Infrastructure Partners (CIP).
Nov 16, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Solar to Fuel, Australia, hydrogen, Oceania, Copenhagen Infrastructure Partners, CIP, Michael Hannibal
Vikram Solar Commissions Rooftop Solar Plant at its Manufacturing Facility
Vikram Solar has appointed a 919.73 kWp rooftop solar plant at its manufacturing center in Falta, West Bengal.
Dec 23, 2020 // Plants, Rooftop PV, India, Asia, rooftop PV, Vikram Solar, Saibaba Vutukuri
North Devon gives green light for 50MW PV plant
Aura Power anticipates to start building of the Litchardon Cross project in Springtime 2022
Apr 30, 2021 // Plants, UK, Europe, PV Power Plant, Aura Power, Chris Featonby
United States DOI accepts prepare for Californian 700MW solar-plus-storage project
The US Department of the Interior (DOI) has announced that the development of a 700MW ability solar-plus-storage project on Californian government land has actually been accepted.
May 5, 2021 // Plants, Large-Scale, Markets & Finance News, Storage, California, USA, UTILITY-SCALE SOLAR, solar plus storage, Southern California Edison, North America, president biden, department of interior, Laura Daniel-Davis
DNV to research Lekela storage plan in Senegal
Emphasis will be on just how to offer boosted security and incorporate intermittent renewable resource right into Senelec's grid
May 14, 2021 // Storage, ENERGY STORAGE, Africa, Senegal, GLOBAL, dnv, LEKELA
Members to Increase Cross-border Affiliations as Shares of Renewables Grow: IRENA
According to IRENA's World Energy Transitions Outlook, to accomplish environment objectives, worldwide electricity generation need to increase three-fold by 2050, making grid versatility incredibly important as countries race to lower discharges. Cross-border affiliation stands for one of the essential remedies to managing the variability of renewable power as well as grid security issues.
May 17, 2021 // Markets & Finance News, IRENA, Renewable Energy, Francesco La Camera, climate goals 2050, World Energy Transitions Outlook
Pivot Power secures preparing for storage space duo
50MW battery projects in Bedfordshire as well as in Cornwall are due online in 2023 as well as 2024
Mar 17, 2022 // Storage, Pivot Power, Matt Allen, John Leith
Mitsui takes 49% stake in 1,300 MW round-the-clock renewable project in India
Japanese conglomerate Mitsui & Co. has actually bought a 1,300 MW wind-plus-solar-plus-storage project development in India.
Apr 8, 2022 // Plants, Large-Scale, Commercial, Storage, India, Asia, mitsui, wind-plus-solar-plus-storage project