Europe entering golden age for PPAs, says Pexapark
Pexapark reported the signing of 23 new power purchase agreements (PPAs) in March, with a combined capacity of approximately 2 GW. In the first quarter, developers announced nearly 70 PPAs, totaling 6 GW.
Puerto Rico ranks seventh in US rankings for residential solar per capita
Luma Energy supports more than 54,000 customer connections in its 21 months as grid operator.
Taiwan’s largest solar plant goes online
Vena Energy says it has commissioned the largest PV project in Taiwan. It says its 272 MW E2 Solar Project will account for 4% of the island’s annual solar output.
Europe’s big battery fleet to surge to 95 GW by 2050, says research firm
According to Aurora Energy Research, Europe is on track to install at least 95 GW of grid-scale battery energy storage systems by 2050, up from 5 GW of installed capacity today, and representing more than €70 billion ($76.9 billion) of investment.
Bosch to open heat pump factory in Poland
Bosch has announced plans to build its first heat pump factory in Dobromierz, Poland. The German heating manufacturer will invest €225 million ($247.3 million) in the new facility, which is expected to start operations in early 2026.
Weekend read: Pathfinders for grid stability
Non-synchronous renewable energy affects grid stability but storage-as-transmission (SAT) assets offer grid companies a trump card. Whether it’s “virtual transmission” in Australia, Germany’s “Grid Booster” program, or the giga-scale pipeline of projects emerging in the United Kingdom, energy storage is finding a way.
The Hydrogen Stream: Green hydrogen generation on the Baltic Sea
Salzgitter Flachstahl says it will produce hydrogen with green electricity from a wind power plant under construction by Iberdrola in the Baltic Sea. German Minister of Economics Robert Habeck, meanwhile, has announced funding for the Salzgitter Low CO2 Steelmaking transformation program.
Engie to deploy 380 MW/1.52 GWh of battery storage in Belgium
Engie will deploy three giant batteries across three different parts of Belgium. All of the facilities will be able to provide power for up to four hours.
Novel technique to recover 100% of silver from CIGS solar cells
Swedish researchers have developed a method to recycle valuable metals from flexible thin film copper-indium-gallium-diselenide (CIGS) solar cells under mild leaching conditions. They showed that 100% of silver and 85% of indium can be recovered after 24 hours of leaching at room temperature using two moles of nitric acid.
LevelTen’s European solar PPA index fell to €73.2/MWh in Q1
US energy consultancy LevelTen Energy said in a recent report on solar and wind power purchase agreements in Europe that the prices of wind and solar power purchase agreements (PPAs) in the European markets increased by 56% year-on-year to reach €88.88 ($97.40)/MWh in the first quarter of this year.
