Power Plants

China expects to add 180-240GW of new solar PV capacity in 2026, according to the latest figures from the CPIA.

A round-up of a number of European project stories from this week, including METLEN, European Energy and TSE.

The UK government's Allocation round 7a (AR7a) of the Contracts for Difference (CfD) auction has awarded a record 4.9GW of solar PV.

FinDev Canada has announced a US$56 million loan to support the development of project Illa, which will be the largest in Peru.

Rewa Ultra Mega Solar Limited (RUMSL) has extended a Letter of Award (LOA) to Ceigall India and ACME Solar to develop 220MW solar-plus-storage in Morena, Madhya Pradesh. 

WGEH has signed a Feasibility Phase Agreement to advance Stage 1 development of its 70GW renewable energy project in Western Australia.

The European Investment Bank (EIB) is planning to provide dedicated support to European solar inverter manufacturers amid a call for greater energy security and strategic autonomy.

Global electricity demand is set to grow 2.5 times as fast as overall energy demand by 2030, ushering in what the International Energy Agency (IEA) has dubbed the “Age of Electricity”.

Chinese solar PV inverter and energy storage manufacturer Sungrow has expanded its manufacturing outreach with a new facility in southwestern Poland.

Spanish independent power producer (IPP) has energised the fourth phase of its flagship solar-plus-storage project in Chile, Oasis de Atacama.