Indian integrated power company Tata Power’s subsidiary Tata Power Renewable Energy has signed a power purchase agreement (PPA) for a 510MW hybrid project.
Italian PV panel manufacturer FuturaSun has acquired 24,000 square metres of land to build a factory with 2GW production capacity in a year, relaunching its PV supply chain in Europe.
Households in European countries could save up to 84% on their household bills by installing both solar PV and heat pumps compared to homes relying on gas heating, according to a recent study conducted by trade body SolarPower Europe.
Solar capacity will remain a key focus of the Indian government’s spending this year, but some existing challenges for the industry could still hamper growth, according to experts.
Growing commercial crops on solar farms could increase solar panel performance and longevity, according to a recent study conducted by Cornell University.
Renewable energy platform Origis Energy has obtained a US$750 million credit facility for its solar and energy storage development project pipeline in the US.