Utility-scale solar projects in a region of Japan affected by fears of grid capacity constraints have been supplied with energy storage, aimed at mitigating the potential effects of output curtailment.
Chile has streaked ahead of its Latin American rivals after becoming the first country in the region to surpass 1GW of installed solar capacity and brush off its classification as an ‘emerging market’. Tom Kenning assesses the country's prospects as it looks to go even further with renewable energy deployment.
Japan’s solar FiT for the next financial year could be set at ¥24 (US$0.21) per kWh, while controversial curtailment rules to restrict output from PV plants have been applied on the southern island of Kyushu.
Solar Frontier believes it could make some of Japan’s as-yet-unbuilt utility-scale solar projects economically viable, as the company’s partnership with Goldman Sachs-affiliate Japan Renewable Energy prepares to take on 300MW of projects within the next five years.
A joint venture formed by Morgan Stanley and Japan’s Mitsubishi UFJ Financial Group will invest in Japanese PV plants and use research by Mitsubishi Research Institute to improve the performance of existing generation facilities.