Lawrence Berkeley National Laboratory recently published its Wind Energy Technology Data Update: 2020 Edition. Check out the 87-slide presentation to understand the installation trends, industry and technology data, cost and performance trends, power sale price and levellised cost, and price and value comparisons among other details.
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San Miguel Corporation (SMC) has targeted the construction of a 200 MW solar farm in Bulacan which will power its New Manila International Airport project. The proposed solar farm will be set up on the company’s 2,500-hectare lot in the municipality.
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The New Jersey Board of Public Utilities (NJBPU) and regional electricity grid operator PJM Interconnection have announced the commencement of a State Agreement Approach (SAA) solicitation for offshore wind transmission solutions.
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One-third of all Americans live in a jurisdiction that will be powered by 100% clean energy, thanks to the 13 states, Puerto Rico, and 165 cities that have 100% clean energy commitments. Three years ago, only 1 state – Hawaii – and 33 cities had made this commitment to 100% clean electricity.
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Actis-backed independent power producer (IPP) Lekela Power and its consortium partners have started commercial operation of its Kangnas wind farm in the Northern Cape Province of South Africa. The consortium partners include Mainstream, African Rainbow Energy and Power (AREP), Kangnas Renewable Energy Community Trust, Old Mutual Life Assurance Company and H1 Holdings.
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The Western Coast will remain the wind power hotspot, with the Marmara and Aegean Regions boasting the largest amounts of both installed wind capacity and capacity under development – according to the Turkish Wind Energy Association (TÜREB)’s July 2020 report. Both regions have been focus points for wind power investment in Turkey due to the regions’ access to high wind speeds stemming from long coastlines.
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South Africa’s IRP 2019 plans for a substantial reduction of the share of coal-fired electricity (72% of 52 GW in 2019 to 43% of 81 GW by 2030), but does include the commissioning of an additional 1.5 GW of coal. The renewable technologies with the largest planned growth are wind (14.4 GW to be added by 2030) and solar PV (6 GW).
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Investors representing more than $45 trillion in assets under management have already agreed to drive climate change action across their portfolios. Sustainable finance has, therefore, become an integral part of how many financial services firms operate.
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Despite a large and rapidly growing population, the U.S. Energy Information Administration (EIA) expects electricity consumption in Africa to remain a relatively small share of global totals through 2050. Relatively low consumption, in part, results from the limited reach of central grid power in rural areas and the unreliability of central grid power in urban areas.
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The Ministry of Economy, Trade, and Industry (METI) of Japan has announced the allocation of 368.8 MW of solar project capacity in its sixth auction for solar projects of 250 kW capacity or more. A total of 255 bids were selected by the ministry ranging from 300 kW to 68.8 MW.
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The webinar presented the current level of energy sector subsidies and the trends in total energy subsidies by fuel or source and across sectors, and shared views on what needs to be done to facilitate a more robust debate around the reform of energy subsidies.
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In 2019 alone, coal-power generation fell by 24% in the EU and by 16% in the United States, bringing it down to half the 2007 level. In China itself, nearly 60% of the country’s enormous coal capacity is running at a loss, giving the government every reason to extend its global lead in solar and wind power, and to use its international reach to boost renewables beyond its borders.
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France-based renewable energy player Voltalia has commissioned the Mana battery storage project at the Toco storage complex located in French Guiana. With a capacity of 10 MW/ 13.6 MWh, the Mana project adds on to the existing capacity at the Toco complex, bringing the total installed storage capacity to 12.6 MW/16.5 MWh.
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MingYang Smart Energy has started construction of a 2 GW wind-solar-storage hybrid project near the city of Tongliao, Inner Mongolia, after it was approved by the Tongliao DRC. The project includes 1,700 MW of wind capacity, 300 MW of solar capacity and 320MW/960MWh of energy storage capacity.
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Siemens Energy and the Afghanistan government have signed the Afghanistan Energy Hub agreement, to establish the country as an energy hub in central Asia. This multi-phase agreement aims to develop a modern, sustainable, and cost-effective power system, incorporating the massive potential of renewable energy generation in Afghanistan.
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The experiences of Jordan and Rwanda show that there are different ways to address this challenge. In retaining the fund model, Jordan seeks to innovate within its constraints, while Rwanda is creating a new institution to expand the financial instruments available to it.
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This plant is the largest floating solar project in Bavaria and will supply power for the cement company Heidelberger Zement. The plant is estimated to provide 700,000 kWh per year, and it has installed 3,792 floats of the Isifloating 4.0 model that support 1,896 solar panels of 395 Wp.
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On November 4, 2020, Thailand’s BOI announced a new package of incentives for automakers looking to set up EV production in the country. The incentives will attract automakers that did not take part in the first round of incentives, which expired in 2018. The new package now includes a full range of vehicle types such as passenger vehicles, commercial vehicles, motorcycles and tricycles.
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Political push and regulatory initiatives to achieve clean energy goals have so far been the major market drivers for the offshore wind industry in the US, which has a target of achieving 22 GW of offshore wind generation by 2030 and 86 GW by 2050. However, the massive infrastructure buildout over a relatively short period of time has posed unique challenges for the country.
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The first step will be rejoining the Paris Climate Agreement, as Biden has promised to do on his first day in office. But given the damage done over the past four years, the Biden administration will also meet some skepticism about the country’s ability to deliver ambitious climate action.
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