Utility Scale PV

Each of the nations, like Greece, will have gigawatt-plus solar additions in 2024, according to Solarpower Europe, enough to carve out a 3% slice of an anticipated 35 GW regional market.

Overall, the Polish energy regulator has allocated 1.7 GW of renewable energy capacity in a procurement exercise that was open to projects exceeding 1 MW in size. The auction concluded with a lowest price of $0.051/kWh, slightly up from the auction of the same kind held last year.

The Jamaican government has tendered a solar project intended at powering a water treatment plant and has also announced it will power, with PV, all irrigation systems operated by the National Irrigation Commission.

Catastrophic weather events in Texas and California have led to steep increases in insurance premium costs, according to a new analysis by Norton Rose Fulbright.

The Chinese leader has revealed some details of his nation’s commitment to go carbon neutral by 2060. That solar and wind power promise could even prove to be a conservative estimate, according to the nation’s solar industry.

Terna’s first auction for reserve storage capacity was largely oversubscribed, with over 1,327 MW of submitted projects. Overall, 23 projects were assigned to 17 operators.

Pioneering solar projects which signed ten-year feed-in tariff agreements will soon need to operate free of subsidy and with local authorities like the City of London starting to embrace direct contracts with renewables generators, the PPA market could be set for another turbo charge.

The solar plant is located in Kaposvàr, southwest Hungary, and will sell power at €0.09/kWh under the country’s feed-in tariff regime.

The Kazakh authorities allocated 55 MW of PV capacity in two different procurement exercises. Two projects, totaling 40 MW, were secured by Russian module manufacturer Hevel Solar.

Through the procurement exercise, the Spanish government wants to allocate 1 GW of PV, 1 GW of wind and another gigawatt of renewable energy capacity with storage.