UK-based Xlinks plans to build 10.5 GW of wind and solar in Morocco and sell the power in the United Kingdom. London-based investment firm Octopus Energy said it joined forces with the project developer, Xlinks, to help it move forward with construction.
Portuguese utility EDP has switched on a new 5 MW floating solar array at the Alqueva hydropower dam.
Mondragon will install a 100 MW manufacturing line in the third quarter at Solarge’s factory in the Netherlands. Production is scheduled to start by the end of this year.
Chile is launching a new initiative to reuse PV modules via a public-private partnership involving Enel Green Power.
The proposed system architecture is claimed to offer more stability compared to conventional floating structures and reduces by up to 93% the contact area of the system with the water. The first system prototype was recently developed on a water reservoir in Alava, in the northeastern territory of the Basque Country.
Developed by scientists in Spain, the new methodology is claimed to be capable of mitigating energy crises in Europe through climate predictions.
According to Swiss consultancy Pexapark, around 400 MW of power purchase agreements were closed in Europe in March. Germany and Spain were the most dynamic PPA markets during the first quarter of the year.
The Portuguese government has approved exceptional measures to simplify renewable energy production. The new provisions include the exemption of operating licenses and operating certificates for renewable energy facilities, battery storage, and projects for self-consumption.
The Spanish authorities applied solar curtailment for the first time on Easter Sunday, when power generation exceeded demand and the wholesale electricity price went from €168.50 ($182)/MWh to just €3.70/MWh.
Renewables-linked PPA prices have shot up nearly 30% in a year, especially due to the war in Ukraine, according to the latest Levelten Energy report.
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