Germany deployed 3.8 GW of PV in first half of 2022
In June alone, new PV systems totaling 612 MW were connected to the German grid. The country’s cumulative operational PV capacity reached 59.9 GW at the end of June.
Only one PV project to compete in Quebec’s 780 MW renewables tender
The 40 MW solar park is under development by Saint-Augustin Canada Electric Inc and planned to be located in Bas Saint Laurent, with completion scheduled for October 2026. Wind and hydropower were the prevailing sources in the procurement exercise.
Forecast methodology for photovoltaic power yield during solar eclipses
In October there will be a partial solar eclipse in Central Europe. The Fraunhofer IEE has developed a solution that reportedly enables the most accurate forecast possible of the photovoltaic feed-in power during the extreme event.
Solar tree-based photovoltaic plants for mountainous areas
Scientists in land-scarce Korea are proposing to use solar trees to build PV installations in forest areas. Although more expensive than conventional ground-mounted facilities, solar plants made of solar trees may capture carbon from forest land and produce energy at the same time.
India’s cumulative installed PV capacity tops 57.7 GW
Rajasthan (14.4 GW), Gujarat (7.8 GW) and Karnataka (7.6 GW) are the Indian states with the largest amount of solar power.
Enel looks to sell major stake in Australian wind, solar portfolio
Italian utility Enel is reportedly looking to sell a substantial share in its renewable energy platform, Enel Green Power, to help fund an estimated 3.6 GW development pipeline in the country.
US to extend Investment Tax Credit for solar at 30% to 2032
As written in the Inflation Reduction Act of 2022, the tax credit will begin at 30% and step down to 26% in 2033 and 22% in 2034.
Ardian acquires majority stake in GreenYellow
Ardian said that GreenYellow’s value is estimated at around €1.4 billion ($1.42 billion).
India’s NTPC launches tender for 1.15 GW of solar projects in Cuba
The Indian energy company will also accept bids for a storage capacity of 150 MW/150 MWh.
PPA prices in Europe decreased by 11% in June
The rise in gas and electricity prices was not reflected in PPA prices in June. The war in Ukraine continues to prevent the signing of PPAs and has caused prices to rise in most European markets, with Pexapark’s Pexa EURO index posting an overall decline of 11.3% month-on-month for June.
