Advisory and certification house DNV GL is supporting Turkish plans to source 30% of total electricity generated in the country from renewable sources, carrying out a feasibility study for combinations of solar PV and energy storage.
According to Bloomberg New Energy Finance (BNEF), the global average selling price (ASP) of solar modules is expected to decline by 35% in 2018, compared to previous forecasts of a 20% to 27% decline, due to the Chinese government curtailing solar growth through new policies initiated last Friday.
China-based solar PV project developer and operator ReneSola is one of the first companies to publically echo the impact expected from the Chinese government’s decision to significantly curtail solar deployment, highlighting the solar module ASP decline of modules as a key benefit to downstream developers.
The EBRD, IFC and Dutch Development Bank (FMO) have announced a partnership to finance improvements to Turkey’s electricity distribution network in the country’s Osmangazi region in western Anatolia.
A total of 17 European associations have called on policymakers to reintroduce the debate around priority dispatch and balancing responsibility for small-scale renewable installations, while ten energy intensive heavyweights want a framework on C&I self-consumption of renewables.
Germany-based company ib vogt has reached financial close over a €41 million debt facility for a 54.5MW solar plant in the Netherlands, said to be the country’s largest.
Data intelligence specialist firm QOS Energy is working with DHYBRID, a German manufacturer of modular energy management and smart grid controls, to add monitoring capabilities to PV-plus-storage, energy storage and other hybrid plant configurations.
A 50MW solar farm has been approved at a former RAF airfield, giving UK-based firm Elgin Energy the greenlight to develop Scotland’s largest consented solar project in the early 2020s.
