Jules Scully

German renewables company BayWa r.e. will tender 10TWh of green electricity later this year, describing the move as a “turning point” for Europe’s power purchase agreement (PPA) market.

The European Union (EU) should set higher solar PV deployment targets and speed up the energy transition to phase out its energy dependency on Russia as soon as possible, according to five member states of the bloc.

German conglomerate BayWa benefited from high demand for solar modules during the first quarter of 2022, with its revenues bolstered by the sale of an operational PV plant in the US.

US engineering, procurement and construction (EPC) contractors have shed light on the current challenges they face when sourcing solar modules as the country’s Department of Commerce (DOC) continues a circumvention investigation that could potentially lead to retroactive tariffs of up to 250%.

A virtual power plant (VPP) pilot programme in Western Australia that aims to adapt grid management to support greater uptake of rooftop solar has aggregated its first package of residentially generated energy.

Oil and gas company Galp is acquiring a portfolio of under development solar plants in Brazil with a combined capacity of up to 4.6GWp.

US developer Origis Energy has secured a loan that will help it progress with its pipeline of more than 20GW of solar, PV-plus-storage and standalone storage projects.

Portugal’s electricity regulator has said higher than forecasted solar and wind generation has allowed it to propose a 2.6% reduction in regulated tariffs to protect consumers in the country from soaring energy prices.

Inverter manufacturer SolarEdge benefited from high demand for its products in Europe to increase revenues to a quarterly record while navigating a shortage of electronic components.

Indian solar glass manufacturer Borosil Renewables is acquiring European peer the Interfloat Group in a deal it said will enable a more efficient supply of PV glass to customers in Europe.