Utility Scale PV

EnergyAustralia has become the latest big energy retailer to sign a power purchase agreement for a large solar farm, committing to a 13-year off take agreement for the 142MW Ross River solar farm in Queensland, in what is the largest deal of its type to date in Australia.

With record-breaking announcements, job losses, company reshuffles and top-down branding decisions, it’s just another typical week in the fast-paced world of solar PV.

The Hong Kong based independent power producer today announced that it has entered into share purchase agreements with A.W Aktina Wind to sell all equity interests in 23 MW of solar projects from Sky Solar’s subsidiaries in Greece.

While global solar power demand increased 50%, new European installations were down 20% compared to 2015, falling to 6.9 GW of new capacity on the continent.

Data from Bloomberg reveals doubling in trading volume of leading U.K.-listed solar funds since last June’s EU referendum as the weaker pound and higher power prices makes solar investment more attractive.

Carbon Tracker and Imperial College London report calls solar power and electric vehicles ‘game changers’ whose potential impact is consistently underestimated by large utilities.

Requests to qualify for bidding for 700 MW of clean energy capacity will be sent on February 20, confirms Saudi energy minister Khalid Al-Falih.

More than 40 companies have expressed interested in a tender for the construction of a 50 MW solar power plant in Armenia. The project is a part of a US$58 million program to boost renewable energy in the country.

The Singapore-based developer of renewable energy will develop and construct two 100 MWac solar PV projects, located in South Australia and Queensland.

The move is a step toward regaining regulatory compliance, in advance of a potential purchase by Brookfield.