CEO of Portugal’s renewable energy association APREN on whether Iberian nation can reach 8.1-9.9GW of PV by 2030 and why subsidy-free will require playing ‘different game’
Mining giant Fortescue will mix solar (150MW), gas (150MW) with “large-scale” storage battery at hub in Western Australia, adding to 60MW first solar stage announced last year.
Firm expects storage and PV installs to grow ‘at least 50%’ this year after 2019 results show last year was stellar for storage but less so for PV, despite the latter’s stronger H2 2019.
Project in Sardinia (5MW) emerges as sole PV winner of 500MW auction dominated by wind power (495MW) but industry representatives believe solar future is subsidy-free.
New PV and wind could outcompete most existing fossil fuel capacity by 2025, outfit predicts as it lays out timetable for the 5.8GW renewable project backlog it amassed last year.
Renewables, energy storage and grid assets are all being considered as top investor bags institutional backing for FEIP fund from the EIB and other investors.
Middle Eastern state starts taking in applications for PV scheme that may include storage element, with tender documents suggesting bidders could have to prove storage expertise.
