Unlike the price ceiling for wind, which has not changed compared to 2024, all three auctions involving solar PV have been revised down to take into account the decrease in the forecast levelised cost of electricity, said the Bundesnetzagentur.
Recurrent Energy, the renewable energy developer arm of solar manufacturer Canadian Solar, has reached financial close on a 171MW solar-plus-storage project in Victoria, Australia.
Located in the northern department of Atlantic, Enel started construction of two solar PV projects, the Guayepo III and Atlántico, with 200MW and 199.5MW of capacity, respectively.