Spain, Portugal to lead renewables in Europe, says Rystad
Norwegian consulting firm Rystad Energy has described the Iberian Peninsula as “a new European energy powerhouse.” It expects Spain and Portugal to reach 79% renewables in their combined electricity mix by 2030.
Germany installed 750 MW of solar in September
Germany’s Federal Network Agency (Bundesnetzagentur) says that 691 MW of new PV systems were subsidized under the country’s EEG renewables incentive program in September.
Thailand introduces FIT scheme for solar, storage
In an unexpected move, the government of Thailand has introduced a feed-in-tariff (FIT) of THB 2,1679 ($0.057)/kWh over 25 years for solar and a 25-year FIT of THB 2,8331/kWh for solar plus storage.
PV modules with longer lifetimes could slash demand for materials, says NREL
The US National Renewable Energy Laboratory (NREL) says in a new report that PV module lifetime extensions should be prioritized over closed-loop recycling to reduce demand for new materials.
Weekend read: Southeast Asian interconnection
While near neighbors, the electricity generation of the countries of Southeast Asia couldn’t be further apart. Indonesia burns locally mined coal; Malaysia has reserves of oil and gas; and populous Singapore, Vietnam, and the Philippines depend on fossil fuel imports. They could all benefit from increased solar electricity but higher grid capacities and interconnection are key for an opportunity to unlock the power of the sun.
Annual added PV capacity will more than quadruple to 650 GW in 2030, says IEA
The International Energy Agency (IEA) has published its “World Energy Outlook 2022” report. It expects the energy crisis triggered by Russia’s invasion of Ukraine to accelerate the global energy transition.
Mango Power unveils home and portable battery system
US-based Mango Power has developed a 3.5 kWh battery system that can be expanded up to 14 kWh. The product features LFP battery cells from CATL and can be charged through AC wall outlets, with solar panels, or via electric-vehicle chargers.
Malaysia to grant 4-year PPA extensions to bidders in large-scale solar tender
The Malaysian authorities have revealed that they will extend power purchase agreements from the fourth LSS4 tender for large-scale PV from 21 to 25 years.
KSolare unveils new three-phase solar inverters
KSolare’s 5G-Pro series grid-tie solar inverters are now available with power ranging from 3 kW to 60 kW.
New solar capacity 10 times cheaper than gas, says Rystad
Operating gas-fired power plants would be 10 times more expensive in the long-term than building new solar capacity in Europe, according to research from intelligence company Rystad. Their study uses the levelized cost of energy (LCOE) for gas and coal-fired power generation at different price levels and compares it to the LCOE of solar PV and wind.
