LevelTen Energy says the prices of solar power purchase agreements (PPAs) in Europe reached €76.84($82.58)/MWh in the fourth quarter of 2022.
SJVN, a state-owned hydropower producer in India, has signed an agreement with the state government of Uttar Pradesh to set up a 700 MW solar plant in the Indian city of Kanpur.
A US water station will enhance its ability to deliver safe, clean water during extended grid outages.
Tim Buckley, director of Climate Energy Finance, speaks to pv magazine about the crisis threatening Adani Group with collapse, the “positive outlook” for Australian renewables, and the nation’s potential to become a clean energy superpower.
Solyx Energy has developed a device to maximize solar self-consumption in residential homes. The sensor measures how much solar power can be fed back into the grid at different times, while a controller redirects that excess energy into an electric water heater.
Australian modular solar manufacturer 5B’s rapidly deployable Maverick technology is set for installation at a 95 MW hybrid power plant in Western Australia featuring solar, wind, and battery energy storage.
Gambia National Water and Electric Co. (Nawec) says the World Bank and the European Investment Bank (EIB) have agreed to finance a 23 MW solar plant in the African nation.
Wood Mackenzie estimates that the US microgrid market has seen a 47% increase in solar and storage capacity in 2022 compared to 2017 levels, driven by rising demand for uninterrupted services, military resilience plans, and corporate environmental, social, and corporate governance (ESG) goals.
German startup Solarnative has invested €1 million ($ 1.07 million) in a surface-mount technology production line for its new microinverter plant in Germany. It says it plans to ramp up microinverter production from May.
The US solar market is set to add 29.1 GW of new utility-scale PV and 9.4 GW of storage in 2023, according to the US Energy Information Administration (EIA). If that new capacity goes online as planned, 2023 will have the most new utility-scale PV capacity added in a single year.
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