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Asia Pacific PV ability to triple by 2030 as China leads development, claims Wood Mackenzie
Solar PV capacity in Asia Pacific might triple to 1,500 GW by 2030, with China driving deployment and Indonesia readied to be the area's fastest-growing market, according to Wood Mackenzie.
Jul 14, 2021 // Plants, Markets & Finance News, Japan, India, Wood Mackenzie, China, Australia, Asia, Oceania, Indonesia, Vietnam, Asia Pacific
China to install as much as 65GW of PV this year, average installs can get to 90GW by 2025
China might install approximately 65GW of solar this year, driven greatly by a rise popular for dispersed solar setups, while average solar deployment could get to 90GW each year in the years leading up to 2025.
Jul 26, 2021 // Markets & Finance News, China, CPIA, polysilicon, Asia, installations, net zero, module pricing, xi jinping, price volatility
Volatile European power markets may be obscuring substantial cannibalisation risk
High power prices in Europe may be obscuring the impacts of cost cannibalisation that intimidates the future earnings of renewable energy on the continent, with a 'belt of doom' observed in Germany and Spain at risk of 30% cannibalisation prices by 2030.
Jun 9, 2022 // Markets & Finance News, pv power plants, european energy, pexapark, european solar, energy prices, cannibalisation, capture rates
Italy's solar profit clawback to have 'significant influence' on renewables financial investment, profession bodies warn
A brand-new policy in Italy that claws back the profits of solar PV projects will certainly weaken investor confidence and jeopardise the European Union's (EU) clean power transition, a group of profession associations, consisting of SolarPower Europe, has actually warned.
Feb 3, 2022 // Markets & Finance News, Policy, Italy, Europe, subsidies, SolarPower Europe, European Union, feed-in tariff, italia solare, windeurope, Eurelectric
Germany's Svevind to Develop 20 GW Green Hydrogen Project in Kazakhstan
The intended hydrogen facility of Svevind will certainly be referred to as 'Hyrasia One' that will certainly have an electrolyser park that will certainly produce renewable hydrogen by utilizing energy from both wind and also solar power resources.
As per reports, the manufacturing by Svevind will certainly begin very early 2030 and the peak manufacturing will happen in 2032.
Nov 2, 2022 // Solar to Fuel, Asia, European Union, kazakhstan, svevind, Wolfgang Kropp, Charles Michael, electrolyser park, European Council President, Hyrasia One, Kassym-Jomart Tokayev, Kazakhstan President, Svevind Energy Group
NeoVolta Poised to Lead the Emerging Solar Plus Storage Market
After closing the decade with record growth, the residential solar plus storage market is set for takeoff and NeoVolta is ready to meet this growth
Jan 27, 2020 // Markets & Finance News, Storage, USA, solar plus storage, North America, NeoVolta, Brent Willson, International
Morocco on the lookout for designers for brand-new 400MW PV push
Morocco is to hold a tender to agreement another major batch of solar PV across the country, as part of wider efforts to release 3GW of renewables in between 2020 and 2030.
Feb 4, 2020 // Plants, Large-Scale, Commercial, BNEF, auctions, Africa, BloombergNEF, tenders, Morocco, masen, noor
ADB Approves $100 mn Loan for Development of Advanced BESS in Mongolia
ADB has actually authorized a USD 100 million car loan to assist provide RE to Mongolia by mounting its very first large innovative battery power storage space system (BESS).
Apr 27, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, storage, ADB, Asia, BESS, Mongolia, International, loan, James Lynch
U.S. Light Energy mounts New york city's second biggest neighborhood solar project
U.S. Light Energy, a New York solar power firm focusing on area solar project growth, and also its project companions finished the 7.2-MW Denmark Community Solar Project in Lewis County, New York.
May 5, 2020 // Plants, Large-Scale, Commercial, USA, North America, U.S. Light Energy, Mark Richardson, Scott Wiater, Solar Project, James Der, Brittany Davis
Poway included in Saturday’s Natural Solar Tour
The 24th Annual National Solar Tour is coming to San Diego and Orange counties on Saturday, organized locally by Sullivan Solar Power in conjunction with the nonprofit groups American Solar Energy Society and Solar United Neighbors.
Oct 2, 2019 // Solar, California, USA, storage, North America, Annual National Solar Tour, Poway, Sullivan Solar Power, Daniel Sullivan, seminar, Kathy Wright
Nordgold plans 13MW of solar with storage for Burkina Faso mines
Nordgold intends to build a 13MW PV plant with battery storage that will provide power to its Burkina Faso gold mines, thanks to an agreement signed with Total Eren and equity investor Africa Energy Management Platform (AEMP) on Tuesday.
Oct 23, 2019 // Plants, Large-Scale, Commercial, Storage, Total Eren, Australia, solar-plus-storage, Oceania, Africa, mining, nordgold, mines, Burkina Faso, downer, alinta, Nikolai Zelenski
EDP acquires Brazil solar energy business
Portugal's EDP has authorized an arrangement with Brazil's Blue Sol Participações to acquire a minority stake of up to 40% of the latter's voting shares.
Dec 29, 2020 // Markets & Finance News, Portugal, EDP, Europe, Carlos Andrade
'Blockbuster' 2020 for United States renewables as record 16.5 GW of solar deployed
The US renewables market got over headwinds in 2020 to post record deployment figures as well as proceed a decade-long growth pattern, a joint report from BloombergNEF (BNEF) as well as the Business Council for Sustainable Energy (BCSE) has actually exposed.
Feb 18, 2021 // Plants, Large-Scale, Commercial, Market Research, USA, BNEF, North America, Ethan Zindler, BCSE, Lisa Jacobson
Masdar, EDF Renewables and partners eye 1.2 GW of solar in Indonesia for power exports to Singapore
Indonesia might host approximately 1.2 GW of solar PV that would certainly export electricity to Singapore as part of new propositions put forward by a coalition of 4 international firms.
Jan 19, 2022 // Plants, Large-Scale, Markets & Finance News, Masdar, Asia, Singapore, Indonesia, EDF Renewables, renewables export, PT Indonesia Power, Tuas Power
Fluence Energy, Rich Electric To Deploy 100 MW BESS In Taiwan
With a target completion of mid-2023, the project will be the first 100 MW level system in Taiwan, as well as is expected to be one of Fluence's biggest AFC projects in the country.
In Taiwan, Taipower has actually announced a target of 1,000 MW storage capacity by 2025, while Bureau of Energy, Ministry of Economic Affairs is planning 500 MW storage space capacity via ground mounted PV systems.
Jul 5, 2022 // Storage, BESS, Taiwan, TaiPower, Eric Chen, Fluence Energy, Jan Teichmann, Power Grid, Rich Electric