Dive Brief:
Solar PPA prices rose 11.5% over the course of 2020, according to the Q4 2020 PPA Price Index from LevelTen Energy the first increase in solar prices since the LevelTen price report began. Wind prices saw a 24.3% increase over the same time period.
While COVID-19 played a role in the increase 26% of developers told LevelTen they raised their prices to cover costs incurred by COVID demand in excess of supply appears to be the main driver. “Many of the most economically competitive projects have already contracted with offtakers, leaving higher-priced projects available in the market,” according to Rob Collier, vice president of developer relations for LevelTen Energy.
The Indian market for off-grid solar refrigeration
Standalone solar-powered refrigerators present a $20 billion opportunity in India for vaccine storage, milk chillers, households, micro enterprises, and cold storage for farm produce, according to a new report by Gogla.Netherlands-based global off-grid solar energy body Gogla has published a report highlighting huge potential for solar-powered refrigeration products in India. The study finds off-grid solar refrigerators offer a $20.6 billion market across healthcare - for vaccine storage; households; micro enterprises; farm-gate - for fruit and vegetable storage; and dairy - for milk chillers. .
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Ireland outlines net metering scheme for solar and renewables
The scheme is now under public consultation and is aimed at enabling citizens, farmers, business owners, and community organizations to sell excess solar power to the grid.The Irish Ministry for the Environment, Climate and Communications has launched a public consultation on its proposed Micro-generation Support Scheme (MSS), a new mechanism aimed at supporting the deployment of power generators based on renewable energy and not exceeding 50 kW in size. The scheme replaces the pilot scheme for PV micro generation which expired in January 2020, under which 4,353 projects, totaling 15 MW, were .
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