Average winning solar bids in Spain’s renewables auction this week came in above those for wind as interest among PV bidders faltered against a backdrop of rising equipment costs and regulatory uncertainty.
Norwegian energy giant Statkraft has released a report that urges greater action on decarbonisation to meet climate targets, puts renewables at the centre of any strategy and places huge importance on the role of green hydrogen.
Distributed generation is the future of solar PV in China, with 48GW expected to be deployed next year in the country, according to Frank Haugwitz, director of Europe Asia Clean Energy Advisory Company
A round-up of the latest news from the US solar market, featuring project financing from Cypress Creek and DE Shaw, SolarEdge project launches and solar loan securitisations from Sunnova and Mosaic.
US utility Hawaiian Electric is seeking proposals from resources including solar-plus-storage as part of its latest “all-source” renewables procurement round.
Tesla solar installations jumped by 46% year-on-year but fell slightly sequentially to 83MW in Q3 as the clean tech giant targeting greater profitability from its energy division.
Spain’s latest renewables auction closed with solar PV bidders being awarded just 866MW of capacity, with players such as Naturgy and Bruc among the winning participants.
The main shareholder of Falck Renewables is selling its controlling stake in the solar and wind developer to an investor advised by JP Morgan Investment Management.
Pharmaceutical giant Pfizer has signed a 310MW virtual power purchase agreement (VPPA) with Texan renewable energy company Vesper Energy under a 15-year agreement.
Infrastructure fund manager DIF Capital Partners is acquiring a majority interest in ib vogt, in a deal that is expected to fast track the solar developer’s transition towards an independent power producer (IPP) model.
