While the solar investment fund F2i has agreed to acquire 51 MW across several regions, PV developer Ternienergia has sold 10 solar parks totaling 11 MW.
The French power utility said it aims to become the European leader in this market. The new plan will entail all market segments, but will primarily focus on the residential sector.
After releasing the guidelines for the grid integration of distributed generation power generators in February, the Energy Community Secretariat has now provided new instructions to help governments of southeastern European countries launch auction mechanisms to support large-scale solar and renewables.
The Danish wind specialist and the renewable energy unit of the Portuguese utility have installed the 3.3 MW power facility near Cadiz, in the Spanish region of Andalucia. Vestas, however, has said that this project does not represent a step into the solar business.
5,056 MW of large scale solar and wind are currently being built in Australia. The latest figures from Green Energy Markets shows that the total passed the 5 GW milestone for the first time in February.
Engie has become partner of the solar and hydrogen-propelled catamaran, Energy Observer, while Total has become the founding partner of the Cathay Smart Energy Fund in China.
For a long time, the Swedish power utility has primarily focused on hydro and wind power when it comes to renewables. But in recent months, the number of solar PV and storage projects has significantly increased. This was reason enough for pv magazine to talk with Claus Wattendrup, head of Vattenfall’s Solar and Batteries Business Unit, about the utility’s concrete plans.
Around 60% of the newly installed capacity comes from residential installations, a sign that the market is still being driven by the rooftop business, despite new developments in the large-scale and private PPA segments.
Bharat Heavy Electricals Ltd has won an EPC order for a 75 MW solar PV plant, to be installed at the solar park in Charanka, Gujarat. The company has also increased its annual manufacturing capacity to 105 MW for solar cells, and 226 MW for modules.
The French corporate and investment bank acquired the project from Hyperion Renewables via its unit for responsible investment solutions, Mirova. The project has already secured a 10-year PPA from local power distributor, Axpo Ibéria.
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