Dubai-headquartered renewable energy developer Jakson Green has signed a power purchase agreement (PPA) with the state-run utility National Hydroelectric Power (NHPC) for the output of a 400MW solar PV project in India.
The European Bank for Reconstruction and Development (EBRD) will provide up to US$229.4 million to ACWA Power to develop a 200MW/500MWh solar-plus-storage project in Uzbekistan.
Interest in co-locating solar PV with energy storage is increasing in Southern Europe, as grid curtailments and negative or near zero prices for solar PV become more frequent.