Mongolia’s mostly untapped renewable resources could be used to kick-start a major cross border power corridor between Russia, Mongolia, China, South Korea and Japan, according to a new study.
Puerto Rico’s financially troubled electric power authority PREPA will install a large-scale battery park at a 10MW PV farm, to help integrate the farm’s output and other renewables.
Recharge A/S, an investment fund specialising in renewables, will take a 50.1% stake in a €24 million (US$26.7 million) micro grid on a remote Portuguese island that could prove the validity of such projects as an asset class.
The Victorian state government in Australia aims to fast-track connections to the grid for rooftop solar installations, under the impending National Electricity (Victoria) Further Amendment Bill 2015.
In common with every other PV market in the world as it matures, attaining grid parity for the technology is the ultimate goal for Japan. As an electricity market in general, meeting electrical supply with demand will of course become ever-more important.
Lichtblick, a retailer of ‘green electricity and green gas’ headquartered in Germany, is looking to take its concept for integrating multiple distributed generation sources into a single network into international markets.
The deregulated electricity market which Japan launches in April could be a long-term way for PV’s contribution to the country’s energy mix to exceed the industry and government target of 7% by 2030.
