Pexapark says European developers signed 13 PPAs for 460.4 MW in August
Swiss consulting firm Pexapark says European developers signed 13 power purchase agreements (PPAs) totaling 460.4 MW in August, down 62% month on month in terms of capacity. It represents the lowest monthly PPA volume since August 2023.
Saipem unveils offshore floating PV platform
Saipem, an Italian oilfield services provider, has developed an offshore floating PV platform in collaboration with its Norwegian unit, Moss Maritime.
Lower solar, wind output drive European electricity prices up
AleaSoft Energy Forecasting says most major European markets recorded higher electricity prices last week due to lower solar and wind production and despite a drop in gas and CO2 prices.
Italy deploys 4.2 GW of solar in January-August period
Italy deployed 4.2 GW of solar capacity and 260,000 new PV systems from January to August.
Spain sets new 2030 solar target of 76 GW
The Spanish government has set a new 2030 solar target of 76 GW in an energy strategy submitted to the European Commission. It aims to cover over 80% of national electricity demand with renewable energy.
JCM Power wins 240 MW hybrid PV-wind project in Pakistan with $0.031/kWh bid
JCM Power has won a 240 MW hybrid wind-solar project in Pakistan with a bid of $0.031/kWh. The facility will be located in Dhabeji, near Karachi, and will supply power to local utility K-Electric.
Brazil to require solar inverters with arc fault circuit interrupters from December
Brazil’s National Institute of Metrology, Quality and Technology (Inmetro) says it has introduced a requirement for inverters to have arc fault circuit interrupters, effective December 2024, to prevent fires and enhance PV system safety.
Serbia announces 1 GW solar, 400 MWh battery storage sites
Six large-scale solar plants colocated with battery energy storage systems should be delivered by mid 2028.
Powerchina switches on 100 MW solar tower in South Africa
Powerchina has switched on a 100 MW solar tower in South Africa. The concentrated solar power (CSP) project will supply 480 GWh of clean energy to the country’s power grid each year. The system’s molten salt storage enables 12 hours of full-load operation.
Array Technologies unveils 77-degree solar tracker stow for hail protection
Array Technologies says it has developed a 77-degree solar tracker stow designed to protect solar assets from hail and high winds by responding to severe weather events.
