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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
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
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
Peru authorizes 160MW solar endeavor by Spanish gamer
Peru has actually swung with 2 massive solar projects Spanish company Continua Energías Positivas is wanting to create in the southeast, bringing an increase to PV throughout the brand-new power priest's initial week in workplace.
Feb 17, 2020 // Plants, Large-Scale, Commercial, South america, Latin america, Peru, Continua, arequipa
Govt Planning to Tender 20 GW of Solar Projects by June 2021: RK Singh
RK Singh has actually claimed that aside from solar projects (mounted or under growth) the federal government is preparing to tender for 20 GW solar projects by June 2021
Mar 19, 2020 // Plants, Large-Scale, Commercial, India, tender, Asia, RK Singh
Brazil strikes 5 GW turning point
In Brazil, like in numerous various other parts of the globe, sector organizations assert that solar will certainly be a tactical aspect in the healing from the Covid-19 dilemma, as a result of its prospective to produce tasks, create earnings, and also bring in brand-new financial investment.
Apr 29, 2020 // Markets & Finance News, South america, Brazil, Absolar, Rodrigo Sauaia, covid-19, Ronaldo Koloszuk
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
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
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
Michigan utility Consumers Energy to include 8GW solar, 550MW BESS by 2040 in coal retirement plan
Michigan utility Consumers Energy as well as a coalition of customer teams have settled on a plan that will certainly see the company leave from coal by 2025 with deploying virtually 8GW of solar PV as well as 550MW of battery energy storage space systems (BESS) by 2040.
Apr 21, 2022 // Markets & Finance News, Storage, USA, Battery Storage, Michigan, Clean Energy Plan, North America, battery energy storage systems bess, integrated resource plan, indiana michigan 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
A lot more utility-scale solar has been mounted this year than all other forms of power
Utility-scale solar and also wind each added a lot more creating capacity than natural gas during the initial nine months of 2022, according to a SUN DAY Campaign evaluation of FERC information. FERC's newest three-year forecast suggests that installed natural gas capacity will certainly begin to decline by 2025 while solar as well as wind continue to rapidly increase.
Nov 8, 2022 // Markets & Finance News, USA, North America
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