At an event in London, a new tool was presented which lets the user track the UK storage landscape. The market is gaining traction amidst disfavourable policies for solar PV and other renewables from Westminster. The UK’s storage portfolio seems to be growing rapidly.
The Spanish developer said that funds from the IPO will be primarily invested in the execution of its 510 MW PV project pipeline.
The target of 105 GW of cumulative installed photovoltaic power, which was originally set for the end of the decade, has already been surpassed. PV Info Link says the 2020 solar target may now be revised upwards to 210-270 GW.
From a little known niche just a few years ago, floating solar has quickly grown to more than 1 GW of installed capacity worldwide, and a source of great hope for the industry’s future, particularly in countries where space for solar is at a premium. pv magazine spoke with experts from leading floating PV test centers in Singapore and the Netherlands to outline the challenges still faced by floating PV as the technology moves towards major growth.
The Dutch government is planning to raise between €3.5 billion and €5 billion through green bonds annually. The proceeds will be used for sustainable investments, including renewable energy deployment.
The Chair of the solar commission of French renewable energy association SER – Xavier Daval – explains why a further commitment to nuclear by the Macron government may seriously undermine efforts of late to revive renewable energy. According to him, if more nuclear reactors will be built, France may miss the chance of positioning itself as a leading country in the growing global renewable energy market.
With the ruling coalition having agreed to extend additional tenders for PV and wind power, a related, draft bill by the Federal Ministry of Economics has been disclosed. The policy document includes a proposal for a 20% FIT reduction for solar installations ranging in size from 40 kW to 750 kW.
Newly installed PV capacity for the first nine months of this year has reached 300.9 MW. September was the month with the largest growth this year.
The government may not fancy solar much, but that won’t stop the sector bouncing back big-time … albeit in two years’ time. Maybe London’s Underground network can help kick-start a desperately needed solar renaissance.
The Spanish gas and power provider will use the funds to build the Sertão I Solar and Sobral I Solar projects, with a combined capacity of 68 MW.
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