Swedish Energy Agency eyes PV to achieve 100% renewables by 2040
Though PV will remain in the shadow of wind and hydropower in the north of Europe, an ambitious solar deployment scenario in Sweden could lift the market into the gigawatt club through to 2040.
Power-surplus Indian state says no to new solar capacity
Karnataka state has been forced to apply the brakes to new solar with its power distribution companies having fulfilled their renewable purchase obligations for the next two years. Projects driven by federal agencies will continue, however.
Battery storage market will be worth $13 billion by 2023
Analyst Globaldata says falling system prices, and the need for more resilient grids and favorable policies, continue to fire the energy storage industry around the globe and the Asia-Pacific region is likely to remain the biggest market.
Italy and Tunisia revive plans for 600 MW interconnector
The power line, under development by Italian transmission company Terna and Tunisian gas and electricity group STEG since 2003, was originally conceived to export power generated in Tunisia to Italy but is now based on an electricity exchange in the opposite direction.
Renewables and geopolitics: storage could rip up the current global picture
In the latest of a series of interviews about the geopolitics of renewable energy, Indra Overland, head of the Center for Energy Research at the Norwegian Institute for International Affairs, explains how storage could change the global energy landscape by eliminating entrenched strategic dependencies. The impact of storage, he says, will be stronger in regions dependent on fossil fuels.
Gresham House eyes 182 MW storage portfolio in the UK
The asset manager has seen good returns on the 70 MW it has already acquired. Despite the U.K. government cutting subsidies for renewable energy, the fund manager believes the country will be a high growth market for storage.
Labor plan to aggregate 4,000 schools into virtual power plants in $1 billion solar program
Australia’s federal Labor party has pledged to roll out PV generation and batteries at schools across the nation, and to create VPPs supporting up to 365 MW of capacity.
Dhaka water authority re-tenders plans for 12 MW solar plant
Plans are back on track for what the authority intends to be the first of many solar installations, after potential bidders complained in January that the proposed contract was not viable.
Mexico announces plans for 13 GW of new generation capacity – but no renewables in sight
The energy program will initially relate to combined cycle gas power plants with a capacity of 2.76 GW. No mention was made in electric utility CFE’s official statement of the possibility of increasing capacity by harnessing renewables.
Tenerife plans 350 MW of solar alongside 1 GWh storage
A new project is in line with the target of the Island Council of Tenerife to cover all electricity demand with renewable energy. The development of electromobility and storage is key to the ambition.
