Power Plants

PV has outpaced wind as the preferred choice for corporate buyers in the US, with utility-scale solar accounting for 58% of the total contracted clean power to date, according to trade body the American Clean Power Association (ACP).

PV Tech Premium spoke with Chris Hopper, co-founder and CEO at Aurora Solar about the advantages of using AI-powered software to streamline the process of installing solar panels.

Nearly two-thirds of US generating capacity additions in the next three years will be fulfilled by solar, with the technology’s share of power generation in the country set to almost double, according to a report from the Federal Energy Regulatory Commission (FERC).

Lightsource bp has closed a tax equity deal, worth US$267 million, with financial services company Wells Fargo for a 481MW solar portfolio.

Solar PV will be the most dominant non-hydropower renewable in added capacity, with 12GW, during the next ten years in South Korea.

UAE-owned renewables company Masdar has signed a memorandum of understanding (MOU) and a joint development agreement with Zambia state-owned utility Zesco to develop 2GW of solar PV in the African country.

250MW of solar PV in Wisconsin owned by state utility Alliant Energy has come online this week, completed by engineering group Burns & McDonnell.

Renewables investor Cubico Sustainable Investments (Cubico) has signed an agreement with energy solutions platform ZEG Energias Renováveis (ZEG) to acquire a developing solar PV project in Brazil. 

Middle Eastern renewable energy company AMEA Power has signed an agreement with the Ivory Coast government for a solar PV project.

Renewable energy investor and asset manager NextEnergy Capital has launched its most recent international solar capital fund, NextPower V ESG (NPV ESG), with a target of US$1.5 billion in capital commitments and a ceiling of US$2 billion.