Lazard’s LCOE 15.0 Study Released
RE Technologies Cost Competitive, Yet Project Capital Costs Increasing
Even as certain renewable energy technologies continue to be cost competitive, including utility scale solar, global financial advisory and asset management firm Lazard Ltd sees growing upward pressure on project capital costs for facilities reaching commercial operation in 2021.
World’s ‘Largest’ BESS In Saudi Arabia
Huawei Digital Power To Supply 1,300 MWh Storage For 400 MW Solar
Chinese engineering and construction company SEPCOIII has picked Huawei Digital Power to supply a battery energy storage solution (BESS) with 1,300 MWh capacity to be integrated with a 400 MW solar PV system planned for Saudi Arabia’s luxury touris.
Sonnen Offers Solar+Storage+Grid Deal In Victoria
German Energy Storage Player Sonnen Entices Victorian Households In Australia With Fixed Monthly Electricity Bills To Opt For Rooftop Solar+Storage+Grid Energy With SonnenFlat Energy Plan
Victoria's Solar Homes Program encourages homeowners to opt for rooftop solar panels.
Sonnen Appoints New Board Of Directors In US
Ex-Tesla Manager Blake Richetta To Head US Board Of Directors For Sonnen As Chairman & CEO; Board To Be Responsible For Rapid Scaling & Expansion Of Residential Energy Storage Business Across Caribbean, North & Latin America
Sonnen new CEO in the US, Blake Richetta (left) will head the US Board of Directors for the energy storage company as its chairman. He will work together with COO Brent Stayer, CTO Carlos Restrepo and CFO James Claflin.
China Approves 720 MWh Energy Storage Project
China’s Gansu Province Gives Go Ahead For 720 MWh Battery Energy Capacity With 4-Hour Storage Duration To Be Built For CNY 1.2 Billion ($174.8 Million)
The 720 MWh energy storage project in Gansu will be the largest virtual energy storage power plant in China when complete in 2019, according to Gansu Provincial Development and Reform Commission.
New York Targets 3 GW Energy Storage By 2030
New York Declares 1.5 GW Energy Storage Capacity Target For 2025 & 3 GW By 2030 To Create 30,000 Jobs & Accelerate Integration Of Wind & Solar Power
New York State's energy storage mandate of 1.5 GW capacity by 2025 is expected to support 1.2 million homes, helping save $2 billion in gross lifetime benefits. The state will then increase the capacity to up to 3 GW by 2030.
California Extends Self-Generation Incentive Scheme
Governor Jerry Brown Signs SB700 Into Law Extending Self-Generation Incentive Program In California By Five Years; CALSSA Expects More Than 2.5 GW Behind-The-Meter Energy Storage Installations By 2026
California Governor Jerry Brown’s (in the picture) signing of SB700, which extends the state's Self-Generation Incentive Program by another 5 years, is expected to lead to more than 2.5 GW of total behind-the-meter storage systems capacity by 2026, according to CALSSA.
Germany Installs 100,000 Solar Storage Systems
Germany Commissioned 100,000thSolar Energy Storage System In Eichwalde; Lobby Association BSW-Solar Hopeful About Country Achieving Milestone Of 200,000 Systems In 2 Years
With regulatory and financial support, German’s battery storage market has expanded quickly while prices have come down quickly, according to BSW-Solar’s Carsten Körnig.
India Amends Hybrid Wind Solar Policy
MNRE Removes Word ‘Battery’ In National Wind-Solar Hybrid Policy To Allow Use Of Any Storage Technology
India’s government has amended its recently launched National Wind-Solar Hybrid Policy to enlarge the ambit of storage technologies used to store the renewable power generated by projects under the policy.
25 MW Scaling Solar Tender In Madagascar
World Bank’s Scaling Solar PV Tender With Battery Storage Launched In Madagascar With 25 MW Capacity
Madagascar’s Ministry of Water, Energy and Hydrocarbons (MEEH) has issued a Request for Pre-qualification (RFQ) for a 25 MW solar PV project. It will be located near the capital city of Antananarivo.
