Projects

Xcel Energy has reached an agreement on its 2024 Resource Plan which it says will reduce its carbon emissions by 80%.

Sabanci, Origis, Recurrent and National Grid Renewables have all made headway at a number of projects in the US this week.

The 360MW Mortlake solar-plus-storage project in Victoria, Australia, is the latest large-scale renewable energy project to be fast-tracked for development by the state government.

The deal was first announced in March when Masdar said it would buy the 50% stake in Terra-Gen previously owned by Energy Capital Partners.

Renewable energy developer Frontier Energy has halted developing its 120MW solar-plus-storage project in Western Australia after it missed out on Reserve Capacity Credits (RCCs) from the Australian Energy Market Operator (AEMO).

In related Romanian news, Simtel has partnered with Monsson to develop, construct and sell 150MW of solar PV and/or hybrid projects.

Tata Power to build a 2GW module plant in India, while Vikram Solar filed draft papers for its IPO and build a 3GW cell and module plant.

The Australian government revealed yesterday (30 September) additional funding for Queensland’s Local Renewable Energy Zones (LREZ), which will increase each zone's solar PV capacity to 16.2MW.

In Western Australia’s Gascoyne region, Exmouth will run on 80% solar PV-derived renewable energy via a 20-year power purchase agreement (PPA) between Pacific Energy and Horizon Power, the state’s energy provider.

PV modelling relies on the assumption of 99% availability for forecasting, but the adoption of a more realistic metric would improve finances.