The developer secured a ten-year power purchase agreement from Statkraft in June last year for almost all of the power expected to be generated by the unsubsidized plant in southwestern Spain.
Canadian Solar has banked the cash for its growing portfolio of solar projects in a nation which had module demand of 5 GW last year.
…but cell manufacturer Aikosolar is expecting a reversal in fortune for the first half of the year and has blamed rising solar panel material costs.
Utility DEWA is leveraging space technology to improve forecasting as the nation continues to develop its gargantuan solar park in Saih Al-Dahal, 50km south of Dubai.
The decision of the Italian energy firm to acquire a 2.8 GW-plus solar pipeline in Spain and France has come on the same day it was announced Eni would assume 1 GW of solar capacity in Spain from another business. The value of neither deal, nor the form of finance involved, has been revealed.
Independent asset manager Azora is selling the renewable energy portfolio, which includes five large solar PV parks totaling 1 GW in advanced stages of development, located in Andalusia, Castilla-La Mancha, Castilla y León, Catalonia, Galicia, and La Rioja, to Eni.
Two projects with a total generation capacity of 4 MW will be the first of a planned 12 that are set to bring 35 MW of solar to the grid of the Southern African nation by the end of next year.
U.S.-based Hyzon Motors has developed a new onboard hydrogen storage system technology capable of reducing the weight and manufacturing cost of commercial vehicles powered by hydrogen fuel cells. Meanwhile, India’s largest oil provider has announced its first green hydrogen project and the Dutch government has awarded a subsidy contract to an offshore green hydrogen demonstrator.
The PV mounting system was developed by Germany-based Goldbeck and will initially be available in the Netherlands from 2022. The company will test the new technology in a 45 MW PV project.
PH Renewables, Inc. (PHRI), a subsidiary of Global Business Power Corporation (GBP), which is itself part of the Philippines power utility Manila Electric Company (Meralco), has begun construction on a 115 MW solar park in Rizal, Luzon.
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