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Solar electricity is now CHEAPER than grid electricity in China — with one in five cities finding renewable energy lower cost than coal
Electricity produced from commercial and industrial solar energy systems is now cheaper in Chinese cities than that supplied by the national grid.
Aug 12, 2019 // Plants, Large-Scale, Commercial, Grids, Solar, China, Asia, Jinyue Yan, grid
Solar-powered battery gigafactory gets tick of authorization in UK
Neighborhood planning committees have provided a consent to a ₤ 2.5 billion gigafactory in the English West Midlands. The facility will be powered by 100% onsite solar and storage as well as geared up to both produce brand-new batteries and recycle used ones.
Jan 18, 2022 // Storage, UK, Europe, Jim O’Boyle
Energy Storage to Steal $277B From Power Grids by 2050
Cost of lithium-ion battery to drop 68% from 2020 to 2050.
Germany, France plan to invest 428m euros on associated projects.
Apr 8, 2021 // Storage, Market Research, France, Germany, Europe
PKN Orlen to invest EUR 15bn in renewable resource by 2030
Polish oil as well as gas major PKN Orlen (WSE: PKN) has allocated PLN 70 billion (USD 15.8 bn/EUR 14.8 bn) for developing renewable resource sources under its upgraded method for the 2023-2030 period, the company claimed on Tuesday.
Mar 1, 2023 // Markets & Finance News, PKN Orlen
WEnergy Global & Partners Win Biggest Tender for Power Grids in Philippines
Singapore's WEnergy Global, collectively with Maharlika Clean Power Holdings as well as Clean Grid Partners, collectively referred to as the Maharlika Consortium, with their Special Purpose Vehicle, Island Chain Renewables Corporation, has actually authorized a Qualified Third Party (QTP) Service Contract to stimulate over 7,100 families as well as 300 tiny local companies with 16 microgrids spread over 14 barangays in 7 towns throughout the service location of the Palawan Electric Cooperative (PALECO) in Palawan, Philippines.
Sep 9, 2022 // Markets & Finance News, Archipelago Renewables Corporation, Clean Grid Partners, Maharlika Clean Power Holdings, Maharlika Consortium, Palawan Electric Cooperative, special purpose vehicle, WEnergy Global
Iberdrola Pioneers Spain's First Hydro-PV Hybrid
Iberdrola's new 86MW hybrid facility in Cedillo, Spain is the first of its kind in the country. Combining hydroelectric and photovoltaic technologies, the project minimizes environmental impact and creates more stable and efficient renewable production. Iberdrola has plans to invest in more hybrid plants, with 5200MW already installed in Extremadura.
Dec 27, 2023 // Plants, Large-Scale, Commercial, Spain, Iberdrola, Europe
Apparel Brand Dollar Industries Ushers In 4 MW Solar Plant in Tirupur
Dollar Industries Limited, among the leading apparel brands in India, has commissioned a 4 MW solar energy plant at its manufacturing facility in Tirupur.
Oct 5, 2020 // Plants, Large-Scale, Commercial, India, Asia, solar plant, PV Power Plant, solar projects, Dollar Industries, Dollar Solar Plant Tirupur, Vinod Kumar Gupta, Tirupur
Malaysian Power Firm TNB Enters UK Solar Power Projects
TNB has actually signed an Engineering, Procurement & Construction (EPC) contract with BELECTRIC GmbH (BELECTRIC) for the construction and commissioning of 102 MW solar farms in the United Kingdom.
The solar farms project additionally consists of an option to establish 65 MW co-located Battery Energy Storage Systems (BESS).
Dec 29, 2022 // Plants, Tenaga Nasional Berhad, TNB, UK, Europe, BESS, Belectric, Vantage RE
NTPC Commissions First Part of 300 MW Bikaner's Nokhra Solar Project in Rajasthan
The Nokhra solar energy plant in Rajasthan, which has a 300 MW capacity, has had its first 100 MW of capacity put into service by NTPC, the largest electrical energy manufacturer in India.
According to a regulative filing lately by the organization, "First section capacity of 100 MW out of 300 MW Nokhra Solar PV Project at Bikaner, Rajasthan, is declared on Commercial Operation with effect from 00:00 hours of 20.12.2022."
Dec 20, 2022 // Plants, Large-Scale, Commercial, NTPC, Rajasthan, Bikaner, Nokhra Solar PV Project, Nokhra Solar Project, NTPC Ltd.
Bonduelle Buys Solar Power in France
Bonduelle signs 20-yr renewable PPA to reduce emissions and double share of renewable power, backed by Bpifrance. 13 GWh of green power from 10 MW solar park in France.
Oct 13, 2023 // Markets & Finance News, France, Europe, Bonduelle
Pexapark and also AFRY launch Daily Valuation Curve For Renewable Projects
Need for reliable price data anticipated to hit new high in 2023 as renewables investors and also loan providers seek even more certainty on financial investment and PPA decisions
Jan 23, 2023 // Markets & Finance News, pexapark, Luca Pedretti, Afry, Daily Valuation Curve, Jan Wierzba, valuation of renewable projects
Africa renewable resource investment at 11-year low: study
Investment in renewable energy in Africa was up to its lowest level in greater than decade last year despite the continent's huge possibility, experts claimed Wednesday at the COP27 climate conference.
Nov 10, 2022 // Market Research, BNEF, Africa, COP27, Luiza Demoro
New York City Announces Awards for 21 Renewable Projects Worth 1278 MW
New york city has actually revealed the information of the honors for 21 large solar, wind, and also power storage space projects completing 1,278 MW of brand-new eco-friendly ability.
Mar 25, 2020 // Plants, Large-Scale, Commercial, USA, New York, NYSERDA, North America, Renewable Energy, International, Andrew M. Cuomo
Taking Aim at PJM’s 10-Hour Duration Capacity Rule for Energy Storage
The storage industry brings new numbers to the table in its challenge against the least-liked proposal from FERC Order 841.
Jul 24, 2019 // Storage, Wood Mackenzie Power & Renewables, PJM’s, FERC Order 841’s, Astrapé Consulting, Jason Burwen, FERC
DTE Energy Plans Largest Energy Storage Facility in Michigan
DTE Energy's groundbreaking battery storage project at Trenton Channel Energy Centre will revolutionize clean energy in Michigan, powering 40,000 homes and reducing grid strain.
Jun 11, 2024 // Storage, USA, Michigan, North America, dte energy








