2 Solar Power Records In 2 Days In India
Two marathon competitive auctions for a cumulative solar power capacity of 750 megawatts yielded new record-low solar tariff bids in India this month.
Two marathon competitive auctions for a cumulative solar power capacity of 750 megawatts yielded new record-low solar tariff bids in India this month.
2017 could be a big year for the development of microgrids in remote and non-electrified regions and countries, with storage companies and technology behemoths leading the way on installing and investing in storage micro-grids and solar for regional and island countries and communities.
Solairedirect, a company owned by French utility Engie, recently won rights to develop a 250-megawatt solar power project in the Kadapa solar power park being developed in the state of Andhra Pradesh.
When I headed over to Amsterdam a few weeks ago to give a presentation at rEVolution 2017, I expected EV-Box would have some cool news to share, but I didn’t expect as much as I got on the product side or the business/ownership side. I’ll touch on the latter briefly here, but I covered it in a couple of previous articles and will dig into it more in another CleanTechnica exclusive soon, but I think there’s a big story when it comes to Elvi that perhaps doesn’t seem so notable on the surface and needs extra effort to highlight.
Engie had been on our radar before, but never to a large degree, even though it is a giant energy company — one of the largest in the world. Then, in January, Thierry Lepercq — Executive Vice President of Engie in charge of Research, Technology and Innovation — made some eye-popping futuristic claims which grabbed a lot of attention. A short time later, I was in Abu Dhabi at a gigantic IRENA (International Renewable Energy Agency) meeting of ministers from many countries around the world. To kick off a big ministerial, there was a CNN-moderated panel discussion with top people from IRENA, Statoil, EDF, IEA (the International Energy Agency), and Engie. Thierry was at the table.
As you probably saw, I was one of the keynote speakers at EV-Box’s inaugural rEVolution summit. I noticed ahead of time that the inspiring Engie exec Thierry Lepercq was going to be one of the other speakers, but I did not anticipate the huge news that was to come. At the very end of the summit, EV-Box CEO Kristof Vereenooghe slow-walked us through the announcement, somewhat teasing the audience as he unveiled that EV-Box had just become a part of Engie.
Renewable energy is now the cheapest option, on average, for new electricity capacity around the world — developed countries like the US as well as developing countries. As I noted the other day, we need to keep channeling this message to the broader public, and especially decision-makers, but there are other things to do in order to increase renewable energy growth.
Engie is seeking bids from commercial developers to build solar energy farms to replace the electricity that previously derived from the coal-fired Hazelwood facility.
As the cleantech transition speeds up, many of us are jumping for joy. Trump may be king of tweetland, but he and his oil & gas buddies can’t stop renewables or electric robotaxis. They know that. Their goals are pretty clear, though: pump up the carbon bubble as much as possible, stuff as much cash into their own bank accounts before it pops, and hopefully retire and die before the whole global economy is brought down with the the thin soapy liquid that was probably much prettier as a bubble.
“The promise of quasi-infinite and free energy is here,” says Thierry Lepercq, head of research, technology and innovation for Engie SA. He thinks the cost of solar power will drop below $10 a megawatt-hour ($0.01 per kWh) before 2025 in the world’s sunniest places.