Romanian oil supplier acquires 710 MW solar portfolio
Romania’s OMV Petrom has acquired a 710 MW solar project portfolio. It said that all of the PV installations are all close to the ready-to-build stage.
Chile posts record levels of solar curtailment
Chile reached record levels of PV curtailment in the first five months of this year. The amount of renewable energy that could not be integrated into the electricity grid hit 735 GWh, up 86% from the same period in 2022.
South Korea announces results of latest nationwide solar inspections
The South Korean authorities have identified 5,359 examples of illegal subsidy use for renewable energy plants selected in tenders between 2019 and 2021.
New method to avoid overvoltage in vertical PV linked to low-voltage grids
A research group in Finland has created a new workflow to prevent voltage rises in bifacial vertical PV systems located at high latitudes. According to their findings, vertical bifacial PV may have a 46% higher power yield compared to monofacial conventional counterparts in the Nordics, while also having an improved temporal match between PV generation and consumption.
Tubesolar files for insolvency
Tubesolar, which specializes in the development and production of photovoltaic thin-film tubes for agrivoltaic applications, has filed for insolvency in Germany. It currently employs around 140 people.
Enecoat, Toyota develop perovskite solar cells for vehicle-integrated applications
Toyota says it will combine EneCoat’s perovskite solar cells and its own in-vehicle technologies for solar panels. Enecoat has developed a perovskite module conversion efficiency of 19.4%.
Australian developer secures funding to speed up 2 GWh pumped hydro project
Australian renewables developer Genex Power has signed agreements with Japanese utility J-Power for a multimillion-dollar funding package that will support the delivery of its 2 GWh pumped hydro project in Queensland Australia, and the development of the 2 GW Bulli Creek solar and battery project.
Engie, Meridiam buy BTE Renewables
Meridiam and Engie have agreed to acquire BTE Renewables, which operates 150 MW of onshore wind and 190 MW of solar in South Africa. The Johannesburg-based developer currently has a project portfolio exceeding 3 GW.
Cattle agrivoltaics on US ranch
Bear Valley Solar will deploy 240 kW of a 1.5 MW cattle-sited solar field pasture this year, with the first phase of construction ramping up this summer, developer David McFeeters-Krone told pv magazine USA.
Green Gravity links with miner to fast track gravity energy storage tech
Australian renewables startup Green Gravity has teamed with underground mining contractor RUC to accelerate the commercialization of its gravitational energy storage tech.
