A round-up of the latest project news, featuring Lightsource BP’s first Spanish project to begin operations, Risen’s module supply partnership with the US Mammoth Solar project, and the establishment of an 800MW pipeline in Latin America
Canadian Solar has secured a €50 million (US$59.7 million) bilateral corporate facility with Banco Santander to support its project development efforts in Europe, the Middle East and Africa (EMEA).
The cost of insuring operational solar farms has skyrocketed over the course of the year, triggered by carriers rethinking their approaches to natural catastrophes and other extreme weather events. This has placed additional importance on mitigation strategies. Kevin Christy, COO for North America at Lightsource bp, details how the solar developer has adapted its strategy in the field.
The Indiana Utility Regulatory Commission (IURC) has approved AES Indiana’s plans to acquire the 195MW Hardy Hills solar project in Clinton County, Indiana.
Utility-scale solar is evolving beyond traditional measurements, and performance ratio are one such metric that is likely to become obsolete, replaced by more modern criteria such as availability metrics. Carsten Steenberg, VP of product management and business development at Rainwise, explores the new metrics coming to the fore and discusses the importance of weather monitoring.
Irish independent power producer Alternus Energy Group has acquired a 60% stake in solar developer Unisun Energy, adding 250MW of PV projects in the Netherlands at various stages of development to its portfolio.
Mining company Vale has chosen Nextracker to supply its NX Horizon solar trackers for the Sol de Cerrado solar project in the Brazilian state of Minas Gerais.
UL has acquired US solar software company Clear Sky Analytics, a deal the renewable energy advisory said will boost its capabilities to assess PV plant performance.
US-based renewable energy software provider Power Factors has announced its second European acquisition in as many months, securing a deal to acquire German peer 3megawatt.
