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Solar Tariffs Down to a Record Low of Rs 4.03/ kWh in Greece
The current round of renewable resource tenders was just recently kept in Greece, solar tolls going down to a record low of EUR 0.04911/ kWh or Rs 4.03/ kWh.
Apr 7, 2020 // Markets & Finance News, Tariffs, Greece, Europe, International, EMV, PPC, solar tariffs
UK unsubsidised solar built-out accelerates as 'substantial' pipe enhancements are exposed
The UK is witnessing a velocity of its subsidy-free solar construct out, equally as the nation's pipe of utility-scale projects observed a record month for enhancements.
Oct 1, 2020 // Plants, Large-Scale, Commercial, UTILITY-SCALE SOLAR, UK, Europe, subsidy-free solar, John Rennocks, lss digital series
900MW tranche of Dubai’s MBR solar park sees bid of $0.0175/kWh
The Dubai Electricity & Water Authority (DEWA) has allegedly attracted the second lowest global solar bid for a 900MW tranche of the 5GW Mohammed Rashid Al-Maktoum (MBR) solar park in Dubai.
Oct 15, 2019 // Plants, Large-Scale, Commercial, Tariffs, First Solar, Asia, tenders, ACWA Power, Dubai, UAE, mohammed rashid al-maktoum solar park, mbr solar park, gulf
UK's Climate Modification Committee: renewables must fulfill 70% of need by 2035
The UK's Climate Modification Committee (CCC) has required a "long-lasting ambition" for solar as well as various other renewables.
Jun 29, 2021 // Markets & Finance News, Policy, UK, Europe, CfDs, Climate Change Committee
Endesa plans environment-friendly hydrogen projects powered by 2GW of renewables in Spain
Spanish energy Endesa is preparing to create 23 environment-friendly hydrogen projects in Spain that will be powered by nearly 2GW of solar and also wind capacity.
Feb 3, 2021 // Plants, Solar to Fuel, UTILITY-SCALE SOLAR, Spain, Europe, hydrogen, Endesa, renewable hydrogen, greenhydrogen, Rafael González
Portugal claims spot in solar history with record-low auction prices
Portugal’s latest solar auction has concluded with record-smashing low prices, a top government official revealed to PV Tech today.
Jul 31, 2019 // Markets & Finance News, Portugal, PV Tech, Europe
AES on track for 2022 renewables contract targets, driven by United States market
Energy technology company AES Corporation is still on track to reach its target of 4.5-5.5 GW in long-lasting renewables and also energy storage contracts in 2022, having actually currently signed 1,618 MW in the year to date, according the firm's Q2 economic report.
Aug 8, 2022 // Markets & Finance News, PPA, pv power plants, financial results, AES, us, AES Corporation, project pipeline
RWE to spend US$ 17bn in German renewables portfolio, looking to employ 200 new staff
RWE is to invest as much as EUR15 billion (US$ 16.92 billion) into its eco-friendly portfolio in Germany by 2030 along with increasing its workforce through working with 200 new staff to work on creating solar PV as well as wind in the nation.
Dec 9, 2021 // Markets & Finance News, Germany, Europe, solar-plus-storage, mining, rwe
Dubai Setup Sights At Scoring14% Of Its Energy From Renewables By The End Of 2022
Dubai intends to create 25% of its power from renewable sources by 2030 as well as take it to 100% by 2050. The city included 700 MW of renewable energy just recently, taking its total RE capacity to 1.62 GW.
Jul 4, 2022 // Markets & Finance News, Dubai Electricity and Water Authority, Dewa, Mohammed Bin Rashid Al Maktoum Solar Park, Saeed Mohammed Al Tayer, Solar Park, Hassyan Power Complex
California Community Choice Aggregators sign contracts for 778MW of renewables as well as 118.75 MW of storage space
Community Choice Aggregators (CCA) Central Coast Community Energy (CCCE) and Silicon Valley Clean Energy (SVCE) have actually authorized contracts for 778MW of renewable resource generation and also 118.75 MW of energy storage in California.
Jul 27, 2021 // Markets & Finance News, solar-plus-storage, california solar, silicon valley clean energy, Beth Vaughan
China submits 'frustrating' NDC to the UN that devotes to 1.2 TW of renewables by 2030
China has today sent its highly expected as well as long waited for nationally determined contribution (NDC) to the United Nations that has dedicated to a renewable resource capacity of 1.2 TW by 2030.
Nov 1, 2021 // Markets & Finance News, China, Asia, cop26, United Nations, climate targets, ndc
NSW offers low-income solar homes as City of Sydney inks renewables deal
Renewable energy in NSW will get twin boosts with the Berejiklian government unveiling its solar panel plan for low-income housing and the City of Sydney signing up to 100 per cent clean power by next year.
Oct 21, 2019 // Plants, Residential, Rooftop PV, Sydney, rooftop PV, Matt Kean, Clover Moore, Matthew van der Linden
Indiana Michigan Power suggests 2GW+ of renewables under most current IRP, consists of 60MW of battery storage space
Indiana Michigan Power (I&M) has submitted an Integrated Resource Plan (IRP) which includes the enhancement of greater than 2GW of solar and also wind by 2028 to the Indiana Utility Regulatory Commission (IURC).
Feb 3, 2022 // Storage, USA, North America, AES, Indiana, irp, indiana michigan power
8minute signs PPA with area energy groups for 250MW/ 150MWh California solar-plus-storage plant
2 of California's Community Choice Aggregators (CCAs) have authorized a power acquisition contract (PPA) with 8minute Solar Energy for a 250MW solar PV plant with 150MWh of battery storage.
Jun 17, 2020 // Plants, Large-Scale, Commercial, Storage, California, USA, Power Purchase Agreements, solar-plus-storage, North America, 8minute, Kern County, Tom Habashi, community choice, request for proposals, developers
DEWA bags $0.016953/kWh tariff for 900MW of Dubai solar park
The Dubai Electricity and Water Authority (DEWA) has confirmed that it fielded a tariff of US$1.6953 cents per kWh in a recent tender for a 900MW plot of its 5GW Mohammed bin Rashid (MbR) solar parks – a bid it claims sets a world record for the indepedent power producer (IPP) model.
Oct 16, 2019 // Plants, Large-Scale, Commercial, Tariffs, Dewa, Asia, United Arab Emirates, Saeed Mohammed Al Tayer, tenders, ACWA Power, Dubai, gulf