The US’s blocked solar supply chain combined with the threat of operational modules being damaged by extreme weather could leave project developers and asset owners at risk of revenue loss as replacement equipment becomes hard to source.
The Offshore Solar Platform (POS) has been officially launched in the Netherlands, together with Dutch independent research organisation TNO (Netherlands Organisation for Applied Scientific Research).
Spanish multinational electric utility company Iberdrola has partnered with Norges Bank Investment Management to invest in 1,265MW of new renewables capacity in Spain, with solar plants making up 80% of the portfolio.
Solar PV will play a more important role in Nigeria’s power supply as it plans to meet the growing needs of all sectors of its economy through renewables.
Colombian oil company Ecopetrol has selected independent power producer Total Eren for the construction and operation of a 100MWp solar plant in Colombia.
Sky-high electricity prices and an increasing urgency to curb fossil fuel led to a surge in European solar additions last year. Jules Scully charts how the continent’s ongoing energy crisis is affecting EU renewables policy and PPA appetite.
Higher interest rates in the second half of the year slowed down corporate funding in the global solar sector to US$24.1 billion in 2022, according to research from Mercom Capital Group.
Danish renewables developer Ørsted has unveiled plans to build a 471MW solar project in Lamar County, Texas, which the company says will be the largest installation in its portfolio to date.
