Fitch predicts a decade of corporate renewable power procurement growth in the US
Growth in U.S. solar and wind generation capacity will average 7.9% and 3.9%, respectively, between 2022 and 2028 according to Fitch Solutions, who projects almost 120 GW of solar power to be deployed in that period. Corporate clean energy buyers are to be a large part of the trend, and to accelerate deployments during the period.
Uzbekistan builds 40 MW solar park to power free economic zone
The self-consumption project, being built by EPC contractor Helios Energy, is being realized by the Ministry of Innovative Development. The energy generated will power a free economic zone in the Chust district of the Namangan region.
Moldova proposes renewables tariffs
The energy regulator has proposed a 15-year payment of $0.10/kWh for PV projects with a generation capacity of 10 kW-1 MW. The first auctions for large renewables projects are planned for early next year and will grant a fixed rate rather than a variable premium.
Mexico may resume cancelled energy auction
Energy minister Norma Rocío Nahle García yesterday announced the tender round believed to have been cancelled in January had merely been held up by the inability of power lines to cope with new generation capacity. The minister added, expanded nuclear capacity is under consideration.
The blackest black for more efficient solar cells
MIT scientists claim to have created a material 10 times more black than anything witnessed to date. It is said to be able to absorb more than 99.96% of incoming light and reflect 10 times less light than other superblack materials. The invention may be interesting for the development of black silicon PV technology and carbon nanotube-based solar cells.
Austria mulls mandatory PV as new rebates for solar and storage launched
With the region of Styria considering making PV mandatory on all new buildings, the nation’s Climate Fund will support PV and storage projects in agriculture and forestry. Applications can be submitted by November 2020 – or until the pot is empty.
European electricity and fuel market prices rose last week
AleaSoft analyses fuel market prices, carbon emission rights, European electricity markets and renewable energy production. Last week most prices rose on the previous reporting period as solar and wind power production varied by country.
Brazil’s Cemig contracts renewable power from 197 MW of project capacity
Solar and wind projects selected in the company’s latest clean energy procurement exercise have been awarded a 19-year power purchase deal, starting from 2023. Cemig has now contracted green power from 780 MW of renewable project capacity in three tender rounds held since June last year.
Solar-plus-storage vs grid enhancement, part IV
Co-location of solar and storage may accelerate the deployment of profitable merchant renewable energy projects in the United Kingdom, according to a report by Aurora Energy Research. The study predicts installed solar capacity in the U.K. may increase from around 13 GW next year to 19 GW in 2030 and 32 GW in 2040.
Spain’s first auction project online as a new 300 MW power supply deal is signed
Enel Green Power has plugged in the 85 MW Totana solar plant, the first project to come online from the renewables auction held by the Spanish government in July 2017. Elsewhere, Solarcentury and Encavis announced their 300 MW Talayuela project has secured a 10-year power purchase agreement.
