UAE firm unveils construction timeline as it signs PPA for 100MW solar project in Navoiy region, which it was contracted to develop after tabling bid of US$0.027/kWh earlier this year.
The US-headquartered high-efficiency solar panel maker is to spin off most of its manufacturing operations into a separate public listed entity, Maxeon Solar, which will include monocrystalline silicon wafer producer, Tianjin Zhonghuan Semiconductor (TZS) as an investor.
The project will be contracted to Coal India Ltd's subsidiary South Eastern Coalfields Ltd for 25 years, and help the coal major reach its national aim of becoming a "net-zero energy company."
State subsidies, development and private capital will bankroll 11 solar plants, 10 wind plants and 80-metre-wide grid in radiation-damaged prefecture, according to local reports.
McDonald's has signed off on two long-term, large-scale virtual power purchase agreements (VPPAs) in which the company will purchase renewable energy generated by both a 160MW PV project in Texas and the Aviator Wind West project located in Coke County, Texas.
Low-cost perovskite, cadmium telluride cells, PV field factories and grid integration of solar-plus-storage among research schemes bagging US$128m DoE funds after import barriers were tightened.
Costs have tumbled to such an extent that new-build LCOEs are catching up with marginal costs of non-renewables, says firm in update that finds storage is too becoming more competitive.
WoodMac: Coal’s bleak future and nuclear shutdowns mean milestone lies within reach Europe-wide even if UK could overshoot it while France, Spain, Italy, Germany miss it.
ENGIE North America took part in a groundbreaking ceremony with county officials and customers for the 225MW Long Draw Solar Project in Texas. By signing off on a PPA for the project’s full generation capacity, ENGIE will serve four Texas municipalities (New Braunfels, Denton, Garland, and Kerrville) and their respective electric utilities.
In other Golden State developments, LA City Council green lights 8minute's 400MW/1,200MWh solar-plus-storage hybrid, set to supply utility LADWP starting 2022.
