Only 530 MW of the 2.97 GW of renewable energy generation capacity contracted in the procurement exercise went to solar. Eleven solar projects were successful and their final electricity prices were far below those offered by competing technologies.
American John B. Goodenough, Brit Stanley Whittingham and Akira Yoshino, from Japan, will receive the Nobel Prize for Chemistry for developing the lithium-ion battery. A statement from the Royal Academy of Sciences of Sweden said the invention “laid the foundations of a society without wires and fossil fuels, and [they] are of great benefit to humanity”.
After turning to clean energy last year, the Spanish oil company plans to deploy 4.5 GW of renewables generation capacity by 2024.
The project will be built near the Trillo substation, in the Castilla–La Mancha region and represents around 15% of the 3.3 GW solar project pipeline the company hopes to deploy in Iberia by the end of 2023.
The Spanish company plans to develop 66 solar and wind parks that will add 3 GW of renewable energy generation capacity in 50 municipalities near Teruel, Aragon over the next four years. Some 34 facilities will be solar plants that will add 1.3 GW as part of an investment of more than €2.4 billion.
The ‘green’ version of the ION Green Solar lift – designed, developed and manufactured in Spain by Fain Ascensores – can cut carbon emissions 86%. That figure rises to 100% with the PV-powered ‘solar’ model.
Inverter company ABB supplied equipment for a second PV plant at the Artigas base. Its collaboration with the Uruguayan Antarctic Institute helps facilitate climate change research.
Of the 38 new renewable energy projects that have been awarded, 13 are PV plants, representing 96.75 MW of capacity. The average price for solar was $57.58/MWh, and the minimum was $54.22/MWh.
The €29.7 million financing package was awarded by Banco Sabadell. Renovalia’s 79.2 MW solar park will be Spain’s first PV facility to sell all of its output on the spot market.
Rodrigo Sauaia, CEO of Brazilian solar energy association ABSOLAR, analyzes the chances of PV in this year’s two energy auctions in which it can compete. But it is not all about auctions, Sauaia tells pv magazine, there are 2 GW of solar projects under development for which bilateral PPAs may be signed, and hundreds of MW worth of such schemes that have already secured contracts.
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