Developers move forward with GW-scale PV-wind-storage project in Australia
A couple of years ago, the Australian state of Queensland became a beacon to advisory Energy Estate and international renewables developer RES Group. The Moah Creek Renewable Energy Project, the first stage of their gigawatt-scale plan, is now about to be introduced to the community. Two hundred megawatts of solar, 400 MW of wind, and […]
Chile’s renewables auction attracts lowest bid of $0.01332/kWh
Canadian Solar Libertador Solar Holding SpA submitted the lowest bid for a PV project in Chile’s latest clean energy auction. The Chilean National Energy Commission (CNE) has unveiled the offers it received in an auction for 2.31 TWh of renewable energy this week and has revealed that the lowest price submitted was $0.01332/kWh. “We believe […]
Former landfill to become largest US urban solar project
Former landfill to become largest US urban solar project Developers will build the 50 MW Sunnyside solar project on a former landfill site just outside of downtown Houston. A long-abandoned landfill site, located 8 miles south of downtown Houston, will soon become the largest urban solar farm in the United States. The […]
South Korea may tender 4 GW of solar PV this year
South Korea may tender 4 GW of solar PV this year South Korea may allocate around 4 GW of solar capacity this year across two PV tenders, which will be likely launched in April and October, respectively. “We can expect the capacity in the first half of the year to be around 2 GW, and […]
US energy storage market redefined in Q3
US energy storage market redefined in Q3 Installations hit a record 476 MW/764 MWh in the third quarter, with California’s deployment figures alone shattering all previous quarterly records. According to the latest edition of Wood Mackenzie’s U.S. energy storage monitor, the country deployed 476 MW of energy storage in the third quarter, or […]
Zimbabwean horticultural firm to be powered by 1.9 MW of solar-plus-storage
Zimbabwean horticultural firm to be powered by 1.9 MW of solar-plus-storage The project is being developed by South Africa-based peer-to-peer solar equipment leasing marketplace Sun Exchange. A 3.9 MWh storage system will be integrated to three different solar plants. The facility will power the packhouse, the cold store facilities, the pump sites and a farm […]
South African Telecommunications Group Wants To Deploy 175 MW Of PV In Africa
South African Telecommunications Group Wants To Deploy 175 MW Of PV In Africa Econet wants to build commercial and industrial PV systems across its homeland, Kenya, Zambia and the Democratic Republic of Congo. South Africa-based investment firm Royal Bafokeng Holdings (RBH) has made a $20 million equity investment in these projects. Distributed Power […]
Israeli government greenlights plan to add 15 GW of solar by 2030
Israeli government greenlights plan to add 15 GW of solar by 2030 The plan envisages to reach a 30% share of renewable energies in the country’s electricity mix by 2030. An intermediate target of 20% has been set for 2025. Israel’s cabinet has approved a plan submitted by energy minister Yuval Steinitz to deploy […]
What is distributed generation’s real worth for the grid?
What is distributed generation’s real worth for the grid? A thought experiment by UC Berkeley energy economist Severin Borenstein suggests how much rooftop solar could reduce transmission and distribution costs in the United States. California and other locations are moving to renewable energy at high speed. But even in these forward-leaning areas, there […]
Japan’s struggle to drive down renewables costs
Japan’s struggle to drive down renewables costs A nation famous for high electricity prices has seen power costs fall 15% this year, according to analyst Wood Mackenzie, a figure which will help attract $100 billion of solar and wind investment to 2030. Renewables will have to work even harder, however, to displace fossil fuels in […]
China Three Gorges buys 570 MW of Spanish solar
China Three Gorges buys 570 MW of Spanish solar The power company has won the race to acquire a 572 MW, 13-project solar plant portfolio owned by Madrid-based, Canadian-U.S.-controlled developer X-Elio. Chinese state-owned power company Three Gorges New Energy Co (CTGE) has won the race to acquire a 572 MW Spanish solar plant portfolio owned by Madrid-based, […]