Chinese PV inverter and battery storage maker Sungrow has been contracted to deliver a 264-MWh liquid-cooled energy storage solution for a wind-solar-storage integrated virtual power plant (VPP) project in South Africa.
The energy minister of Italy has signed a decree paving the way for an energy storage capacity auction to kick off in the first half of 2025.
Each project will be developed under a build-own-operate (BOO) model, with the successful bidder holding 100 per cent equity in the special purpose vehicle (SPV) set up to
The national laboratory is forecasting price decreases, most likely starting this year, through to 2050. Image: NREL. The US National Renewable Energy Laboratory (NREL)
Volatile energy prices and the popularity of photovoltaic self-use have driven demand for residential energy storage, which is expected to continue to grow through 2030. In addition,
France has submitted its updated National Energy and Climate Plan (NECP) with an increased target for solar PV of up to 60GW by 2030.
The projects mark the first phase of Saudi Arabia''s ambitious battery storage program, designed to support its goal of 50% renewable energy by 2030. Each 500 MW facility will operate for four hours, providing 2,000
The projects mark the first phase of Saudi Arabia''s ambitious battery storage program, designed to support its goal of 50% renewable energy by 2030. Each 500 MW facility
Fixed-price offtake agreements can significantly enhance returns under adverse scenarios and de-risk investments, with fair value estimates ranging between 94€ and 103.3 € kW/year. PARIS (AURORA ENERGY RESEARCH)—Analysis by
The deployments will be supported by tendering procedures, including two calls annually from the first half of 2025 to award 1 GW of ground-mounted PV in each round. Three tenders per year will be held for rooftop
With a 5,500 MW capacity, these projects mark a major milestone for the National Renewable Energy Program and Vision 2030''s sustainability goals.
EBRD financing of US$ 229.4 million supports major renewable energy project in Uzbekistan Funds to facilitate construction of a battery energy storage system and a solar power plant The loan will support integration of
Market Segments: The European outlook shows strong growth in residential, commercial & industrial (C&I), and utility-scale batteries, with France ranking high in storage investment
Overview Energy storage technologies, store energy either as electricity or heat/cold, so it can be used at a later time. With the growth in electric vehicle sales, battery storage costs have fallen
The battery storage market in France is expanding rapidly, but with deployment dominated by the development of large batteries, markets are at a higher risk of saturation.
With the first auctions for procuring new storage capacity in Italy expected in the second quarter of 2025, Aurora Energy Research has analyzed the internal rate of return for projects supported by the Energy Storage
With ambitious targets set for 2030 and beyond, the country is ramping up ground-mounted and rooftop tenders, but faces critical headwinds in permitting, land
Updated: Six new big battery projects named as winners of the federal government''s first auction under the Capacity Investment Scheme.
France has awarded 142.6 MWp of capacity in a tender for solar photovoltaic (PV) projects using innovative technologies, witnessing an upward trend in prices.
EU spot market module prices: Climate targets, PV price trends for 2030 – a viable mix? More money for climate protection – that''s what the G7 heads of state agreed on at their recent summit
Volatile energy prices and the popularity of photovoltaic self-use have driven demand for residential energy storage, which is expected to continue to grow through 2030. In addition, Germany plans to hold its first capacity market
Introduction Renewable energy usage has been growing significantly over the past 12 months. This trend will continue to increase as solar power prices reach grid parity. In 2019, the global
For 2030, the country expects to have 54 GW of solar capacity in operation. No target is envisaged for the deployment of agrivoltaic installations. In order to reach the 2030 and 2035 goals, France will aim to allocate or
The government has just launched a final public consultation on the third Pluriannual Energy Program (PPE 3) — the main strategic document guiding France''s energy
21.9 GWh of battery energy storage systems (BESS) was installed in Europe in 2024, marking the eleventh consecutive year of record breaking-installations, and bringing
Despite the deadline set for 30 June 2023, several countries had had yet to upload their updated NECP drafts, among them France and Germany, which published its own earlier this month.
The majority of newly installed large-scale electricity storage systems in recent years utilise lithium-ion chemistries for increased grid resiliency and sustainability. The capacity of lithium
Implementing this plan is key to succeed in mitigating climate change and achieving our energy independence. It requires building an ambitious low-carbon infrastructure programme for all
In this edition of the Weekend Read, we turn to Egypt. The gigawatt-scale Benban project showcases the North African country''s solar potential, and premium prices for
1. Introduction: Why Do We Need Energy Storage Targets? As highlighted in the REPowerEU initiative, the European Commission plans to increase renewables and electrification of the
The 100 MW project is announced as the first large-scale, two-hour duration battery in France. The project will employ Tesla Megapack and Autobidder technology.
Mandatory solar: Solar PV is mandatory for living roofs for commercial and industrial buildings or covered car parks occupying 500 m2 or more of ground surface. Power to the people: France’s current policy framework is supportive of collective self-consumption and energy communities, with flexible regulations supporting prosumers.
Overall there has been significant growth in PV capacity within France, with around 2,229 MW added to the grid between January-September 2023, reaching a cumulative capacity of 19.0 GW of installed PV capacity. However, there are issues to the lack of construction capacity and training and employment in the sector.
France installed solar PV capacity at the end of 2022 sat at 15.7GW, of which 2.6GW was added during last year and accounted for more than half of the total renewable capacity added in 2022, which reached over 5GW. Among other updated target is France’s plan to add between 5.5-7GW of solar capacity per year.
