The Polish hydrogen company Hynfra has established a new company in Jordan to establish a green ammonia plant powered by a 530MW solar PV installation.
Romanian oil and gas producer OMV Petrom has bought a 710MW solar PV portfolio in its home country, which it said will be one of Southeastern Europe’s ‘most significant’ solar projects.
Global demand for solar PV could rise up to 40% in 2023 as favourable economics in the solar sector combine with broad policies like the Inflation Reduction Act (IRA) and REPowerEU schemes.
Large-scale renewable energy developer Intersect Power has secured a revolving credit facility to the tune of US$800 million to support the deployment of its solar, energy storage and wind asset pipeline.
French petroleum major TotalEnergies has signed an agreement with fellow fossil fuel company Petronas to develop a 100MW solar farm in Queensland, Australia.
Solar module manufacturer Maxeon Solar Technologies has completed the expansion and renovation of its PV manufacturing plant in Mexicali, Baja California, Mexico.
Finnish utility Fortum has begun development on an 80MW solar PV plant in Finland’s Virolahti municipality in the Southeast of the country bordering Russia. It will be Fortum’s first solar PV project in its home country.
Europe will surpass its 30GW solar PV manufacturing target by 2025 if the right industry and policy conditions are met, according to a report by the European Solar PV Industry Alliance (ESIA).
