Utility-scale solar PV in the US could be as a cheap as US$16.89/MWh by the end of the decade, new analysis published by the National Renewable Energy Lab (NREL) has shown.
EDF subsidiary PowerFlex is to offer commercial and industrial (C&I) customers onsite solar, adding to its battery storage, electric vehicle (EV) charging, microgrids and energy management systems offerings.
While the Asian solar industry has been hit by COVID-19 fueled disruption, the pandemic has also boosted interest from offtakers, industries and governments alike.
Australia’s electricity markets are undergoing a profound transformation from a centralised system of large fossil fuel plants towards an array of smaller-scale, widely dispersed solar and wind generators, grid-scale batteries and demand response, according to a new report from the Australian Energy Regulator.
Canadian Solar has secured a €50 million (US$59.7 million) bilateral corporate facility with Banco Santander to support its project development efforts in Europe, the Middle East and Africa (EMEA).
Scatec will develop three projects in South Africa totalling 540MW of solar and 225MW / 1,140MWh of battery storage after being awarded preferred bidder status through a government tender.
Financial commitments for utility-scale renewables projects in Australia have slowed to the lowest level in the past five years, according to the Clean Energy Council (CEC), which revealed investment in large-scale batteries in the country is booming.
Solar module manufacturer and developer Canadian Solar has launched a US$150 million fundraise to support its growth strategy and build out a substantial battery energy storage business.
