South Korea’s Green Energy Expo, Bangladesh Pays $0.107/kWh and New Zealand Goes Large Scale Solar – pv magazine Mexico

April 21, 2023Lewis no more

New Zealand to speed up approval process for solar projects
The New Zealand market for large-scale solar power is about to take a quantum leap: the government has recommended two PV projects to an independent fast-track approval panel. These facilities have an annual production capacity of more than 500 GWh.

Bangladesh to buy 64 MW of solar power at $0.107/kWh
The Bangladesh Power Development Board (BPDB) has agreed to purchase power from two solar plants of 20 MW and 44 MW capacities under a 20-year Power Purchase Agreement (PPA).

Solar panels from a downed Chinese balloon could power an advanced radar
Earlier this year, US officials shot down a Chinese balloon off the coast of South Carolina with 10 kilowatts of solar capacity, similar to a conventional rooftop photovoltaic installation.

Key Results of South Korea Green Energy Expo
South Korea’s largest solar event, Green Energy Expo, attracted a large number of visitors and exhibitors this year, underscoring the strength of the domestic PV industry despite recent unfavorable regulatory changes.

Turkey grants temporary licenses for 744 MW of storage-coupled wind and solar power
Turkey has approved the first batch of renewable energy and storage projects since it passed new rules for storage in November.

India’s largest oil company is targeting 10 GW of renewable energy by 2030
State-owned Oil and Natural Gas Corporation (ONGC) has announced plans to invest 1 trillion Indian rupees ($12.1 billion) to build 10 GW of renewable energy capacity by 2030.

Italy has set up new arrangements for innovative agrovoltaics
The European Commission is reviewing new Italian standards on acrovoltaics. They define which “innovative agrovoltaic systems” are eligible for the Italian government’s 1,100 million euro ($1,200 million) stimulus program for agrovoltaics.

Israel Introduces Storage-Linked Tariff for Distributed PV
The Israel Electricity Authority has decided to regulate the connection of energy storage systems to low-voltage photovoltaic plants with a capacity of up to 630 kW. It introduces sub-tariffs for photovoltaic and storage facilities that share grid connection points with a single meter to reduce grid disruptions.

Croatia introduces rebate scheme for solar power, other renewables and batteries
The Croatian government has allocated 60 million euros ($65.6 million) in subsidies to companies to install 80 megawatts of renewable energy and 20 megawatts of batteries.

Australia is leading the way for global solar adoption
The leading countries for solar and wind generation per capita are all in Europe, with the exception of Australia, which produces more solar electricity per capita than any other country. It is one of the leading private wind power generators.