Venn Energy, a renewable energy developer, has seen its 500MW Cooba solar-plus-storage site selected for inclusion in Victoria’s Development Facilitation Program (DFP) scheme in Australia.
Tariffs on US imports will increase the cost of US solar PV and energy storage technologies and slow the rate of project development, according to analysis from Wood Mackenzie.
As European power markets consolidate and become more competitive, the increasing frequency of negative capture prices is challenging the viability of renewable energy projects.
