FPL to build solar thermal plant in California
LOS ANGELES, CALIFORNIA - FPL Group Inc said it has filed an application with California regulators to build and operate a 250-megawatt (MW) solar thermal plant in the Mojave Desert.
The plant is part of FPL's strategy to add at least 600 MW of new solar generating capacity by 2015, the Juno Beach, Florida-based company said in a statement.
The Beacon Solar Energy Project will be located on a 2,000 acre site in Kern County, California. Construction on the plant is expected to begin in late 2009 and will take two years to complete.
The plant will generate enough electricity to power about 175,000 homes.
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BloombergNEF: World offshore wind costs 'drop 32% per cent'
DENMARK - World offshore wind costs have fallen 32% from just a year ago and 12% compared with the first half of 2019, according to new research from BloombergNEF.
In its latest Levelized Cost of Electricity (LCOE) Update, BloombergNEF said its current global benchmark LCOE estimate for offshore wind is $78 a megawatt-hour.
“New offshore wind projects throughout Europe now deploy turbines with power ratings up to 10MW, unlocking CAPEX and OPEX savings,” BloombergNEF said.
In Denmark and the Netherlands, it expects the most recent projects financed to achieve $53-64/MWh excluding transmission.
New solar and onshore wind projects have reached parity with average wholesale…