The Briefing on Power

The latest news, trends and data from the power industry

In Data:

power in numbers

$600bn

China has announced a nearly $600bn plan to invest in infrastructure, including power grids, to aid recovery from the Covid-19 pandemic.

75%

The Australian Energy Market Operator has said that solar and wind could, combined, reach generation peak shares of 75% as early as 2025.

700MW

Portugal's postponed solar auction launch, for a 700MW contract pot, will now take place in June, according to the Environment Ministry.

35MW

Tesla reported solar installs of 35MW in Q1 2020, the company's second lowest figure on record.

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$43bn

The Trump administration is reportedly sitting on nearly $43bn in low-interest loans for clean energy projects.

in the news:

top projects kicking off this month

J-Power USA joins 350MW solar power development project in Texas

J-Power USA Development has signed an agreement to become a partner in the development of a 350MW solar PV project in Texas’s Wharton County. The project, called Red-Tailed Hawk Solar, is located near to the load centre of Houston, a high-power demand area, and is slated to become operational in 2022.

Invenergy Georgia solar energy centre begins commercial operations

Global sustainable energy solutions developer Invenergy has announced the start of commercial operations of its 160MW Southern Oak solar energy centre. Located in Mitchell County, Georgia, the solar facility is said to be Invenergy’s largest solar project so far and its 100th project.

Ørsted’s Borssele offshore wind farm delivers first power

Danish renewable energy company Ørsted has announced that its 752MW offshore wind farm Borssele 1 and 2 has generated its first clean power to the Dutch grid. The company noted that its first wind turbine has started the supply of electricity.

Solar and onshore wind energy are the cheapest sources of new-build generation for two-thirds of the global population, according to an analysis conducted by Bloomberg NEF (BNEF). Solar photovoltaic panels and onshore wind energy are the cheapest options for this section of the population, who live in places that comprise 71% of the world’s GDP and 85% of energy generation.