The European Bank for Reconstruction and Development is helping the Kosovan government develop a competitive scheme for the award of payments to renewable energy generators. The Balkan state wants to add 400 MW of clean energy capacity by 2026.
The Munich-based chemical company has taken a substantial minority share in the British materials specialist to expand its silicon-based high-performance battery activity. The value of the transaction was not disclosed.
The Essent business of German utility RWE wants to widen its clean energy offer for Belgian clients. Last year Aralt achieved a €5 million turnover.
The Kuala Ketil Solar Farm is in the state of Kedah, northwest Malaysia. Built by Chinese state-owned Edra Power, the plant also hosts agricultural activity.
Research from Finland’s Aalto University claims the residential cooling sector could sustain 540 GW of solar generation capacity if the world’s air conditioning systems were solar powered. Academics say synergies between PV and the cooling industry will become stronger as demand for the latter shifts nearer the equator, where seasonal differences in weather are less pronounced.
The exercise will be open to PV projects ranging in size from 200 kW to 5 MW.
Los Angeles’ municipal utility has voted 5-0 to approve a 25-year contract with a 400 MWac solar plus 300 MW / 1.2 GWh energy storage facility, with the aggregate price of the electricity from the project at 3.962¢/kWh.
Renewables investment may by hit by rising interest rates despite the falling cost of clean energy tech just as fossil fuels avoid the impact of rising base rates.
The nation’s cabinet has approved new contracts for solar projects under net metering rules across several regions. Investments include solar micro-grids for disconnected areas, grid-tied installations and hybrid projects.
Some 29.7 GW worth of PV project capacity will compete in the procurement on October 18. Selected solar projects will have to begin delivering power in 2025 and will be awarded a 20-year power purchase agreement.
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