Amara Raja Infra, a subsidiary of the Indian battery maker Amara Raja Group, has been awarded a contract to develop a 100 MW solar facility in Bangladesh. The contract was secured from the Rural Power Company, a state-owned company in Bangladesh responsible for rural electrification in the country. The project will be developed by Amara Raja in association with solar module maker Premier Solar Powertech.
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To overcome financial barriers and gaps, the report recommends the adoption of tariffed on-bill (TOB) pilot programs. These programs offer financing and project delivery for both multifamily owners and tenants, enabling whole-building deep efficiency and electrification retrofits. By simplifying the process, reducing administrative burdens, and addressing split incentives between tenants and owners, California can achieve energy savings, reduce emissions, and lower utility bills.
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The share of plug-in hybrid vehicles (PHEVs) was also lower than in 2022, decreasing to an average of 7%, compared to 10% in 2022. The Mazda-SubaruSuzuki-Toyota pool continues to have the lowest share of BEVs, at only 2% of total registrations, followed by Ford with 3%. Other than Volkswagen, with a minimal target gap of +2 g/km, all manufacturers are on track to reach their specific CO2 targets for 2023, with average over-compliance of around 10 g/km.
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On June 28,2023, MNRE released its scheme guidelines for implementation of “Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme – Component I: Incentive Scheme for Electrolyser Manufacturing“. These incentives are intended to promote quick scale-up, technological advancement, and cost reduction for electroloysers in India. The financial outlay for the scheme is Rs 44.4 billion. The programme will be implemented from 2025-26 to 2029-30.
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Hynfra PSA and Jordan’s Fidelity Group intend to build a plant in the south of the Arab country to produce up to 200,000 tonnes of green ammonia per year, mostly for export to Europe. The two companies have set up a company dubbed Jordan Green Ammonia L.L.C which will be responsible for building an energy-independent and zero-emission complex in the Aqaba Special Economic Zone (ASEZ).
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EDP Renovaveis SA, majority owned by utility EDP, has completed the installation of a 1.9 MWp distributed generation (DG) solar energy system in Malaysia. The DG system was built for leasing company PE Land Sdn Bhd on the roof of the largest shopping centre in the country, located in the state of Penang. The PV array is comprised of 3,584 solar panels and has the capacity to generate more than 2.86 million kWh of electricity annually.
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Eolus, a Swedish renewables developer, has divested three Swedish wind projects totaling 125 MW to Swiss power provider BKW. Skallberget/Utterberget, Tjärnäs and Rosenskog are under construction and will begin operations in the fourth quarter of 2023. The three projects are powered by 19 wind turbines and will generate 330 GWh of clean energy annually. The deal includes all the shares at an enterprise value of €189 million, along with €19 million in the share purchase price.
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The Hydrogen Offshore Production for Europe (HOPE) project consortium has signed a €20 million grant agreement with the European Commission, selected for funding under the Clean Hydrogen Partnership call for proposals co-financed by the European Union. The facility is expected to come on stream in mid-2026. The HOPE involves developing, building and operating the first 10 MW offshore hydrogen production unit in the North Sea, off the coast of Belgium, by 2026.
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Statkraft has won a tender from the German regulatory authority, the Federal Network Agency, to build a solar plus battery storage project in the German municipality of Zerbst. In May 2023, the federal authority issued the tenders, which had a 400 MW maximum production. Statkraft had applied for a tender for a co-located solar plant with a connected battery on the site of a former gravel pit.
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Acciona has expanded its existing power purchase agreement (PPA) with Amazon. The clean energy output from Acciona’s subsidiary Acciona Energia will rise from 641 MW to 833 MW with the addition of 192 MW. The move is a part of Amazon’s plan to entirely rely on renewable energy by 2025, five years earlier than its initial 2030 goal. The agreement will also assist the company in reaching net zero carbon emissions by 2040.
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Several developments have taken place recently as policymakers and industry acknowledge the potential role that energy storage is likely to play in future and the need to remove barriers to their deployment. Notably, on March 14, 2023, the EC adopted the ‘Recommendation on Energy Storage – Underpinning a decarbonised and secure EU energy system’, which contains 10 recommendations for European countries to help accelerate storage deployment.
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The US solar industry’s growth trajectory is incredibly strong. Within just a few short years, the industry will be regularly installing 40-50 gigawatts (GW) of capacity according to our latest outlooks. This is quite the feat when you consider the most the industry has installed to date was 25 GW in 2021. Over the next decade, annual average growth will be 11%. And the installed base of projects will multiply nearly five times – from 150 GW installed today to nearly 700 GW installed by 2033.
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South Africa will be the largest renewables market in SSA over the next decade, as we forecast that South Africa will account for 68% of the total renewables capacity of the region in 2023. Up to 95% of Kenya’s increase in power capacity over the next ten years will come from non-hydropower renewable sources. Zambia is highlighted as a market to watch due to the expansion its renewables sector will experience in the next decade.
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On May 15, 2023, the Vietnamese government released Vietnam’s Eight Power Development Plan (PDP8) for the period of 2021-2030, with a vision to 2050. The release was severely delayed due to disagreements in the authorities regarding the country’s future power mix, particularly the pace of the phase down of coal-fired power generators and the expansion of renewable energies (RE). The PDP8 encompasses the planning of Vietnam’s future power sources and the planning of the national transmission grid infrastructure.
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Synhelion and its partner, University of Florida, has announced that their joint project has been awarded $2.7 million from the US Department of Energy Solar Energy Technologies Office (SETO). The project aims to accelerate the large-scale development and deployment of concentrating solar thermal power (CSP) technology to produce green hydrogen for industrial decarbonization and electric power generation and storage.
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Ilmatar, a Finnish independent power producer (IPP), has announced plans to build a 350 MW solar power plant in Vermland County’s Grums municipality in central Sweden. The company has secured a 50-year leasing deal with landowners in Grums so that the solar plant, one of the largest in the country, can be built on 300-400 hectares of leased property.
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The Clean Energy States Alliance (CESA) prepared this case study to describe how Michigan’s energy office collaborated with local community action agencies and utilities to develop three separate community solar pilots aimed at reducing the energy burden of low-income Michiganders. Residents that participated in the pilots enrolled in community solar programs and received free weatherization services.
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Copenhagen Infrastructure Partners (CIP) has agreed to invest $350 million in Korean offshore wind projects. The funds will be utilised to develop gigawatt (GW)-scale projects, and the investments will be made through CIP’s flagship funds. The projects, which will use fixed bottom and floating offshore wind technologies, will be constructed in Korea’s Jeonnam Province, including Shinan County, Yongkang County, and the Ulsan region, by CIP’s offshore wind development partner, Copenhagen Offshore Partners (COP).
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TotalEnergies and VNG, a German natural gas distribution company, have signed an agreement to initiate the future supply of green hydrogen to the Leuna refinery operated by TotalEnergies. Under the agreement, green hydrogen will be produced from renewable electricity with a 30 MW electrolyzer in Bad Lauchstädt, built and operated by VNG with its partner Uniper.
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As committed during the negotiations on the long-term EU budget 2021-2027, the European Commission has recently completed its proposal for a next generation of own resources. Following the political agreement on the Fit For 55 package, which seeks to ensure EU policies contribute to the climate neutrality of the continent, the Commission also proposes to adjust the own resources proposals based on the Emissions Trading System (ETS) and Carbon Border Adjustment Mechanism (CBAM) compared to the original proposals from December 2021.
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