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EY: Finland’s PPA market attracts corporates

EY: Finland’s PPA market attracts corporates Finland’s wind-energy market is increasingly attracting corporate energy buyers, as they take advantage of cost reductions and a healthy wind resource in the Nordic country. It is reported in EY. In Finland, renewable energy sources represent about 40 percent of energy end-consumption. The aim set in the National Energy and Climate Strategy to 2030 is to increase the use of renewable energy so that during the 2020s, its share in energy end-consumption rises to more than 50 percent. Neoen last year bought 80% ownership of a Finnish wind farm, Mutkalampi, from its local development partner Prokon Finland – a subsidiary of German renewable energy coo

Suntech's solar farm will be able to sell electricity through the blockchain

Suntech's solar farm will be able to sell electricity through the blockchain The 9.4MW Robinvale Solar Farm is Suntech's first 100% owned project to come to fruition and the first solar project in Australia to deploy WePower's blockchain-based PPA architecture. The project features 24,920 Suntech's mono-crystalline PV panels mounted on single-axis trackers. It is one of the first solar farms in Australia to utilize string inverters on utility-scale featuring string inverters from Huawei. Photo by Suntech "The Robinvale Solar Farm is our first 100% owned project in the Australian pipeline to come to realization, and we look to further expand our solar footprint in Australia," - indicated by Z

Вебінар "Як побудувати автономне енергозабезпечення аграрних підприємств" за участю компан

Аналіз перспектив розвитку відновлюваної енергетики і, зокрема, сонячної енергетики сьогодні часто ведеться у контексті наявності/відсутності зеленого тарифу, зелених сертифікатів та інших форм стимулювання. Але за цією риторикою ми просто не помічаємо головної переваги об’єктів зеленої генерації - можливості стати абсолютно енергонезалежним. Встановивши власну сонячну електростанцію ви раз і назавжди зафіксуєте тарифи для свого підприємства, звівши но нуля ризики зростання собівартості продукції через підвищення державою тарифів на електроенергію. Можете не сумніватись, тарифи будуть зростати постійно. А якщо є ідея зробити склад, цех, виробничу лінію поблизу до джерела сировини, скажімо в

In Poland announced the extension of 2,4 GW renewable energy auction in quarter 4

In Poland announced the extension of 2,4 GW renewable energy auction in quarter 4 Poland’s next renewable energy auctions will most likely take place in the fourth quarter of 2020 via a modernized electronic platform for placing bids, the Energy Regulatory Office (URE) said. The auctions are expected to award 15-year offtake contracts to more than 2.4 GW of new capacity. Photo by lovelyday12/Shutterstock.com Currently, the capacity of solar power plants usually does not exceed 1 MW, and they are supported by the auction system. “We already have 400 MW, in two or three years we will have a balanced market between prosumers and large investors,” - announced the president of IEO Grzegorz Wiśnie

The Government of China looks to reduce subsidies

The Government of China looks to reduce subsidies The response to COVID-19 has brought much of the global economy to a halt, with consequent shocks to energy demand, global supply chains, and capital markets. The China Government has been gradually lowering the subsidies paid to onshore wind and solar projects – which currently support around 210GW of wind capacity – as it tries to reduce the US$14 billion deficit of its Renewable Energy Development Fund. According to Wood Mackenzie, the Ministry of Finance has budgeted just $700 million to subsidize new renewables in 2020, which is expected to support 8GW–10GW of new onshore wind capacity. It is reported in the EY’s analytical report. As a

The world's biggest wind turbine launched by Siemens Gamesa

The world's biggest wind turbine launched by Siemens Gamesa The Siemens Gamesa launches 14 MW offshore Direct Drive turbine with 222-meter rotor. The 14 MW capacity allows one SG 14-222 DD machine able to provide enough energy to power approximately 18,000 average European households every year. Approximately 30 SG 14-222 DD offshore wind turbines could furthermore cover the annual electricity consumption of Bilbao, Spain. Photo: renews.biz It is reported that this machine, a 14MW offshore design 25% more powerful than its next largest model, with plans to be market-ready by 2024. "Safely and sustainably providing clean energy for our customers and society-at-large is at the core of all we d

JA Solar achieved the record - 525 W capacity of new solar module

JA Solar achieved the record - 525 MW capacity of new solar module JA Solar, a manufacturer of high-performance photovoltaic products, says the power output of its high-efficiency solar modules under standard testing conditions has set a new industry record, reaching above 525 W. Photo by JA Solar It is reported that the product is based on the company’s DeepBlue 3.0 technology and features a specially-designed 180mm wafer which differs from the 166mm, ‘M6’ and the 210mm, M12 supported by Trina Solar, Zhonghuan and other Chinese manufacturers. These new solar modules with a power output of 525W+ have been designed to reduce the levelized cost of energy (LCOE) while maximizing the economic v

100 MW solar park and the power-to-gas project will be built in Finland

100 MW solar park and the power-to-gas project will be built in Finland Energy company EPV Energy is planning to build a 100 MW solar park in the town of Lapua, in the South Ostrobothnia region to replace peat energy production. It is reported in pv-magazine. According to a document published by the municipality, the planned solar project will feature 463,680 panels and be connected to the Lapua-Sänkiaho 110 kV power line. It will occupy 140ha of disused peatland and will replace peat energy production by the group’s EPV Bioturve Oy unit. Power generation from peat, which supplies around 4% of Finland’s electricity, is more polluting than a coal-fired generation and produces more than twice

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