EU confirms increased renewables ambition as an early Christmas present
Political bloc wants to source at least 32% of energy from renewable generation by 2030 and signed off on the more ambitious target as a statement of intent during the first week of the Katowice climate change conference.
Jordan gets $265 million loan to improve grid capabilities, integrate more solar
The funds, provided by the European Bank for Reconstruction and Development, will help utility NEPCO repay short-term debt, as well as financing expansion of the grid’s capability to increase the share of solar and other renewable energy.
Tesvolt receives €2.15 million for serial production leap
The manufacturer of C&I storage systems has been awarded funding from the EU’s SME funding scheme to enable mass production of its systems. The company’s production site could see an additional 60 employees added over the next 24 months.
Kostal, RCT Power take the lead in storage system efficiency ranking
Researchers from Berlin’s College for Technology and Economics have determined a ‘system performance index’ for 16 residential storage systems. The index ranks systems according to economic efficiency. The compilers of the index say many manufacturers lack transparency regarding system performance.
Limejump secures solar PPA from NextEnergy Solar Fund
The UK energy technology company said the new contract will provide 120 MW of solar generation through its Limejump Virtual Power Platform. The energy bought from NextEnergy Solar Fund will then be traded on the national grid.
EU-funded initiative set to launch new anti-soiling coating
A project backed by the European Union’s Horizon 2020 program says it has developed a self-cleaning coating for modules which is also anti reflective and weather resistant. The project – SolarSharc – expects to launch the product next year.
Beijing prepares to take more planned approach to solar
Curtailment issues will prompt Chinese government to focus on new project development in the urban east, to reduce power losses. The central authorities also want to ramp up the electricity trading market and peak shaving technology.
Kokam installs 40 MWh storage in South Korea
The storage system company, in which Solaredge recently acquired a majority share, has said it will commission two large storage systems in South Korea before the end of the year. The market looks somewhat promising according to recent government initiatives, like the ‘Renewable Energy 3020’ plan and a 3 GW solar park on reclaimed land.
UK: Ofgem proposal means ‘the most profligate energy users will be rewarded’, says STA
Power market regulator favors a flat rate fee for electricity consumers to fund the cost of making the U.K. grid fit for the energy transition. Solar lobbyists say that will unfairly penalize households and businesses who have invested in on-site generation.
Mali gold mine to slash power bill with 40 MW solar hybrid plant
Australian mining company Resolute Mining has inked a JDA and PPA with Ignite Energy, to construct what it says is the world’s largest off-grid solar hybrid plant, at one of its gold mines in Mali.
