Philippines launches 2 GW renewables auction
The Philippines’ Department of Energy hopes to allocate 1,260 MW of solar through the procurement exercise.
BloombergNEF says global solar will cross 200 GW mark for first time this year, expects lower panel prices
The analyst also forecasts strong growth for the storage business and a significant increase in PPAs for photovoltaic projects in Europe. It also said the newly installed PV capacity for 2021 reached 183 GW.
Australian zinc-bromide batteries chosen for Acciona’s Spanish testing field
Gelion’s zinc-bromide Endure batteries will undergo commercial tests at the 1.2 MW Montes del Cierzo testing field Spanish renewable energy company Acciona Energía operates in Navarra, in the north of Spain.
Singapore secures stake in Australian green hydrogen projects
Singapore’s trillion-dollar sovereign wealth fund GIC has made a “strategic” investment in renewables developer InterContinental Energy, one of the major players behind mega solar and wind-powered green hydrogen projects planned for Western Australia’s Pilbara and southeast regions.
UGL secures solar projects as part of $296 million works package
Australian engineering firm UGL has secured the design and works contract for an 88 MW solar farm in outback Queensland and the engineering, procurement and construction contract for an 87 MW solar farm in South Australia as part of a works package expected to deliver a combined revenue of more than $296 million.
Western Australian solar farm leads way in performance stakes
SUN Energy’s 100 MW Merredin Solar Farm in Western Australia has emerged as the country’s best performing utility PV project in 2021 with international consultancy firm Rystad Energy noting it delivered an average capacity factor of 29.6% for the calendar year.
Sungrow presents new central inverter
Called the 1+X modular inverter, the new product can be deployed, by combining eight units, to reach a power of 8.8MW. It also features a DC/ESS interface for the connection of storage energy systems.
X-Elio reaches financial close on 200 MW solar farm as CEFC commits $37 million
Spanish renewables developer X-Elio expects its 200 MW Blue Grass Solar Farm will achieve full commercial operations early this year after it reached financial close for the $215 million project being developed near Chinchilla in Queensland’s Western Downs region.
ICG snaps up majority stake in ~300 MW solar PV and storage portfolio
Australian investment manager Infrastructure Capital Group has stepped into the solar energy sector with the acquisition of a majority stake in a ~300 MW solar PV and energy storage portfolio from clean technology developer and investment firm Providence Asset Group.
One shining week in SA: state runs for 6.5 days on renewables
For just shy of a week leading up to December 29, South Australia sourced an average of 101% of its electricity demand from renewable energy.
