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Caribbean utility launches tender for PV, wind, battery storage project

Saba Electric Co. (SEC), an energy supplier on the Caribbean island of Saba, is seeking expressions of interest for a solar, wind and battery energy storage system. The deadline is Feb. 5, 2024.

Consultations underway for 1 GW of solar, storage in UK

Once operational, the Great North Road Solar Park in Nottinghamshire, England, could meet the power needs of around 400,000 homes. A spokesperson for the project’s design team has told pv magazine that the installation site is currently owned by private landowners, but the acquisition process is set to be completed shortly.

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Trilantic Europe acquires 60% stake in Aerocompact

Mathias Muther, the founder of Aerocompact, says a new investment from private equity firm Trilantic Europe will allow the Austrian mounting system manufacturer to expand its international market presence.

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Record number of European PPAs in 2023, says Pexapark

The European market for power purchase agreements (PPAs) reached 16.2 GW in contracted volumes in 2023, up 40% year on year. Pexapark, a Swiss consulting firm, says the result marks a “golden era” for European PPAs, as it predicts the market to surpass 20 GW in 2024.

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NREL says long-term degradation of 8 GW of US solar ‘matches expectations’

Research by the National Renewable Energy Laboratory (NREL) on the degradation of almost 8 GW of US solar shows that PV systems are degrading at a modest rate, within expectations. It says most PV systems experience minimal damage from short-term extreme weather, but warns of the risk of powerful hail, wind and snow.

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Smart grids could improve Saudi Arabia’s renewables potential

Saudi researchers say smart grids could have a minimal impact on the environment in Saudi Arabia, while supporting a technologically advanced power system compatible with end users.

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Cyprus launches rebate scheme for rooftop solar

The scheme is expected to help around 6,000 homes install solar panels and will open for applications in February.

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New research shows potential of hydrogen-source heat pumps

A new research project, thought to be the first to assess hydrogen as an energy source for heat pumps, has found that hydrogen-backed heat pumps could be an eco-friendly option for the building sector and support decarbonization in line with the UK’s net-zero targets.

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Pexapark says European developers signed 23 PPAs for 936 MW in December

Pexapark, a Swiss consulting firm, says December marked a robust conclusion to a strong year for power purchase agreements (PPA). Developers secured 23 new PPAs – nine more than in December 2022 – with a combined capacity of 936 MW.

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Alight, H&M Group sign PPA for Swedish solar parks

Solar developer Alight will own and operate three solar parks under long-term power purchase agreements (PPAs) in Sweden. The projects are expected to generate at least 24 GWh combined, providing power to fashion retailer H&M.

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