While collecting verified bottom-up project data in real time has previously been cost-prohibitive, satellite data can now be leveraged to make comprehensive market intelligence attainable for investors. Daniel Cruise and Joseph Triepke, partners at energy intelligence firm Lium Research, reveal how satellites can provide more reliable insights into the construction of US utility-scale solar projects.
A round-up of the latest news from the US market, including Ameren’s progress on a 200MW solar installation acquisition in Missouri, Avantus breaking ground on a PV plant in Texas and EDF Renewables receiving approval for a 300MW solar project.
Arctech, a global PV tracker manufacturer, will supply its Skyline tracking solutions to a 78.8MW solar project in Lithuania, to be developed by Danish solar developer European Energy.
More power purchase agreements (PPA) were signed last year, although contracted PPA volumes dropped by more than 20%, according to the European PPA Market Outlook 2023 conducted by Pexapark.
A lack of engineering, procurement and construction (EPC) capacity in Spain represents a key challenge for the country’s solar industry as PV plant deployment soars and the government authorises gigawatts of new projects.
Microinverter supplier Enphase Energy plans to add a quarterly capacity of 4.5 million microinverters in 2023 and reach ten million by the end of the year.
Property insurance for a solar project, having been an easy “check the box” issue 10 years ago, is fast becoming a top credit item for securing financing from banks, according to the head of a data analytics and insurtech firm.
Italian renewables company Altea Green Power has signed a co-development agreement with Irish renewable energy developer Aer Soléir to build a capacity of 300MW in the next 36 months.
