Nextracker introduces solar mount foundation services for soil types ‘anywhere’
The solar tracking provider introduced NX Anchor, further expanding the types of soil and areas that solar installers can develop on.
Mimicking chimpanzees’ hunting behavior to improve PV prediction models
Researchers have used the chimp optimization algorithm to optimize the hyperparameters of five PV power yield prediction machine learning models. This algorithm is based on the cooperative hunting behavior of chimpanzees in nature, mimicking the way they work together to target prey.
SmartHelio launches AI solar forecasting tool with 98.5% accuracy
SmartHelio has developed an AI solar forecasting tool with 98.5% accuracy, using socioeconomic details and climate data for predictive analytics.
The Hydrogen Stream: Hamburg to install 100 MW electrolyzer system
The Hamburg Green Hydrogen Hub has tapped Siemens Energy to provide and install six electrolyzers for a 100 MW system, with construction set to begin next year and commercial operation expected by 2027.
Namibian utility secures financing for 100 MW of solar
Namibia Power Corp. (NamPower) has secured a loan from German state-owned development bank KfW to expand the planned Rosh Pinah project in Namibia from 70 MW to 100 MW. The NAD 1.3 billion ($72.6 million) loan will cover 80% of the solar project’s costs.
Romania launches 1.5 GW renewables auction
The Romanian authorities plan to allocate 1 GW of wind capacity and 500 MW of solar through the country’s first procurement exercise. The Romanian Ministry of Energy has set a maximum strike price of €91 ($100.7)/MWh for solar projects and €93/MWh for wind projects.
Ireland allocates almost 960 MW of solar in fourth renewables auction
This year’s auction saw the Irish government provisionally allocate 959.85 MW of solar across 23 projects. The final average price for PV was €0.10476 ($0.12)/kWh.
Algeria’s PV capacity tops 436.8 MW
Solar power is the leading source of renewable electricity in Algeria, with a total capacity of 436.8 MW. About 388.95 MW (82.4%) is grid-connected, and 47.85 MW (10.1%) is off-grid. Recent large-scale tenders aim to push the country’s capacity beyond 4 GW soon.
Actis invests in 3.5 GW/4.5 GWh of solar-plus-storage in Philippines
Private equity investor Actis has become a strategic partner in a 3.5 GW/4.5 GWh solar-plus-storage project in the Philippines. The project is poised to become the world’s largest integrated renewables and energy storage installation upon completion. Actis is investing $600 million for a 40% equity stake.
Clime Capital invests $10 million in PV developer in Philippines
Singapore-based fund manager Clime Capital is investing up to $10 million in Upgrade Energy Philippines (UGEP). The money will go toward supporting commercial and industrial (C&I) and utility-scale solar deployment.
