News

Southeast US utility Duke Energy has sold its distributed commercial generation portfolio – including solar PV developer REC Solar and all of its assets – to investment firm ArcLight Capital Partners. Financial details of the transaction were not disclosed.

2023 is on track to be a “record year” for solar PV installations in the US; through August, 8.4GW of utility-scale solar was installed, 50% more than the equivalent point in 2022. In those deployments, some trends have emerged.

PVcase has launched PVcase Roof Mount, a new piece of software for solar developers to optimise installations in the rooftop sector.

Solar tracker provider FTC Solar has been selected to supply trackers to renewable developer Sandhills Energy’s 225MW PV project in Nebraska, US.

The Asia Pacific (APAC) region is expected to invest US$3.3 trillion in power generation over the next decade, of which a quarter for solar alone, according to energy research company Wood Mackenzie.

Soltec has signed an agreement to provide a new solar project in the US state of Missouri with 302MW of its SF7 tracker.

National Grid Renewables has begun operations on the 247MW Yellowbud solar PV project, delivering power to Amazon under a pre-arranged PPA.

The EIA's latest figures reveal 6% decline in the average cost of building a new solar facility in the US between 2020 and 2021.

Germany’s latest innovation auction has awarded 32 solar-plus-storage projects with a cumulative capacity of 408MW.

TotalEnergies has signed a PPA with Saint-Gobain to supply the latter with electricity from its Danish Fields solar farm in Texas.