The recent "Solar + ESS" auction results highlight the growing importance of co-locating solar with energy storage projects. A February 2025 notification by the Ministry of
The U.S. plans to add 97 GW of power in 2025, with solar and storage leading the charge. Here''s how renewables are reshaping the energy mix.
The Major Solar Projects List is a database of all ground-mounted solar projects, 1 MW and above, that are either operating, under construction or under development. The list is for informational purposes only, reflecting
The IRA enhanced the financial viability of such projects by extending and increasing tax credits for solar, wind and energy storage, thereby lowering the effective cost of project development.
The South African authorities awarded project agreements to two wind-solar-storage hybrid projects that were selected in a 2 GW tech-neutral tender held under the Risk Mitigation Independent Power
According to the Ministry of Trade, Industry and Energy, the New and Renewable Energy Center of the Korea Energy Agency announced on May 26 the "2025 First Half Wind and Solar Power Fixed Price Contract
The challenges that South Korea is facing in pursuing its renewables growth targets have been highlighted by a BloombergNEF study that detected falling installation rates
David Fishman of Asia energy economics consulting firm Lantau talks about the massive scale of every form of renewable generation in China.
For the first time, wind projects combined with energy storage received bids, but none were successful, with only solar-plus-storage bids awarded capacity.
House solar battery storage South Korea SolarEdge''s new 2GWh battery cell factory will manufacture lithium-ion batteries for energy storage solutions and more . Kokam, founded in
South Korea aims to reach 14.3 GW of offshore wind capacity by 2030, and EDF Renewables'' acquisition of West Sea Energy 1 aligns with this vision. The company expects to finalize the Electrical Business License (EBL)
The BESIPPPP BW2 round was found to be highly competitive, with a marked increase in the number of bids relative to Battery Energy Storage BW 1, resulting in a 35%
South Korea is making significant strides in developing its offshore wind energy sector. The country''s Ministry of Trade, Industry, and Energy (MOTIE) is launching key initiatives to bolster
Nineteen projects were announced as winners in the government''s CIS announcement yesterday - including seven standalone solar farms and six standalone wind
Developers brought 11,623 MW of utility-scale solar, wind, and energy storage projects online in the second quarter of 2025, up 1% from the 11,491 MW installed in the same
Bid on readily available Renewable Energy tenders from South Korea with the best and oldest online tendering platform, since 2002. Bidding for Renewable Energy tenders
On August 3, 2022, the New Renewable Energy Center (the "NREC") of the Korea Energy Agency amended the Rules on the Issuance of Supply Certificates and
The eight solar PV projects, totalling 1,760MW, appointed as preferred bidders under South Africa''s Renewable Energy Independent Power Producers Procurement Programme (REIPPPP) Bid Window 7 may yet be
South Korea on Monday announced a new round of renewable energy bidding, aiming to boost wind and solar power generation while aligning projects with national priorities. For the first
Projects incorporating those two technologies will be tendered in the second half, based on the remaining volume and bidding demand. Of the total 1.25 GW on offer, around 500 MW will be reserved for public-led offshore wind
South Korea''s Ministry of Trade, Industry and Energy (MOTIE) has unveiled details for the first round of tenders scheduled for 2025 with a tender for 1 GW of solar and 1.25
In total, 6.3GW was awarded across wind and solar PV power plants. Image: EDL. The first Capacity Investment Scheme (CIS) tender round in Australia successfully awarded 3.5GWh of co-located battery energy storage
South Korea''s Ministry of Trade, Industry and Energy will host a competitive solicitation for battery storage capacity in two locations.
Korea is expected to have one of the largest floating offshore wind markets globally, and projects are already underway off the southeastern coast of Ulsan. Interest remains peaked ahead of Korea''s next grid allocation
In July 2020, South Korea introduced its Green New Deal (GND) which includes commitments to generate 20% of the country''s power with renewables by 2030. It also aims to invest 9.2 trillion South Korean won (USD
An already operational floating solar facility in South Korea is the Hapcheon Dam Floating Solar Power Project. The 41MW floating solar structure has been operational since 2021 and has 92,000 solar panels installed. What
Bids will also be invited for 1,100MW of solar projects that feature an energy storage component, which the DOE has dubbed Integrated Renewable Energy and Energy Storage Systems (IRESS).
The IRA enhanced the financial viability of such projects by extending and increasing tax credits for solar, wind and energy storage, thereby lowering the effective cost of
South Korea announces two major tenders totaling 2.25 GW, split between offshore wind and solar, introducing new economic and technical criteria designed to strengthen energy security and attract international investors.
Last week, South Korea launched its first of two PPA auction rounds in 2025, targeting 1.25 GW of fixed-bottom offshore wind capacity. This includes 500 MW reserved for
Taean Wind Power Secures Fixed-Price Offtake Contract to Develop Offshore Wind Project in Korea February 7, 2025 – Copenhagen, Denmark and Seoul, Korea
South Korea’s Energy Agency has announced a competitive bidding for offshore wind projects with a capacity of 1.25 GW and 1 GW solar projects in the first half of 2025. The offshore wind tender for the first half of this year will focus on fixed-bottom projects.
The offshore wind tender for the first half of this year will focus on fixed-bottom projects. Out of the total 1.25 GW capacity, 500 MW will be offered through the public-led bidding market, with the remaining 750 MW designated for the general bidding market.
Of the total 1.25 GW on offer, around 500 MW will be reserved for public-led offshore wind bidding and the remaining 750 MW will be for the general bidding market. The ceiling price has been set at KRW 176,565 (USD 128.6/EUR 113.3) per MWh, the same as in last year’s auction.
