News

Saudi Arabia’s Ministry of Energy announced on March 7 that the Saudi Power Procurement Company (SPPC) as the principal buyer has signed the PPAs for the Al (Ar) Rass and Saad PV Projects. Together, the two projects are set to have a generation capacity of around 1GW and entail a total investment of around USD 666 million. The signing ceremony was held in Riyadh and attended by Prince Abdulaziz bin Salman, who is the Minster of Energy. ...  more

Tesla has made it free for people to use all of the Superchargers within Ukraine since the outbreak of the war in order to help citizens take refuge in nearby countries. The country announced today that all Superchargers in Poland and Slovakia will also be free to use. ...  more

  The impression of solar energy generally is that it is the purview of advanced countries in Europe and the United States. Although desert countries such as Chile are also famous for solar energy, the development of solar energy in third world countries that are prone to war and chaos seems to be disconnected. However, even in war-torn Iraq, solar energy has gradually sprouted. ...  more

The 303 power outage in Taiwan occurred last week, causing a total of 5.49 million households to lose power. Wang Mei-hua went to the Economics Committee of the Legislative Yuan today (3/10) to report on and discuss the resilience of Taiwan's power grid, saying that decentralized power grids will be the focus of the next two years. ...  more

China had arrived at an installed capacity of 895GW in renewable energy in 2020, which surpassed the total volume to that of the EU, US, and Australia, amidst annual increment. According to Reuters, the country is now planning for establishment of larger solar-wind hybrid power plants, and is expected to construct a 450GW renewable energy park at the desert. ...  more

US-based firm Green Hydrogen International (GHI) announced on March 3 that it is proposing to build the world’s largest green hydrogen production and storage base in southern Texas. The power supply of the base will comprise 60GW of wind and PV generation units as well as renewable electricity from the ERCOT grid. Once in operation, the base is expected to output as much as 2.5 billion kg of hydrogen gas per year. ...  more

Compared to crystalline silicon photovoltaics that are now commonplace, perovskite photovoltaics are manufactured from affordable materials and via simpler processes. ...  more

The UK’s Department of Business, Energy and Industrial Strategy (BEIS) announced in late February that it has allocated GBP 6.7 million in funding to support the development of 24 projects under the first phase of its Longer Duration Energy Storage Demonstration Competition (LODES Competition). BEIS launched the competition last year as another initiative to accelerate the country’s energy transition process and foster the domestic development of energy storage technologies. ...  more

Tesla announced recently that it will fully switch to the Tesla Vision self-driving system, including in the high-end Model S and Model X, and will also bid farewell to in-vehicle radar. ...  more

Glennmont Partners announced on March 1 that it has extended its pipeline of PV projects in Spain by acquiring a 161MW portfolio from Grupotec. Based in the UK, Glennmont is an investment fund that specializes in alternative energy projects. It became a subsidiary of US-based asset managing firm Nuveen last year. As for Grupotec, it is a Spanish EPC firm with 14 years of experience and 1.2GW of generation capacity installed. ...  more