Power Plants

Romanian oil and gas producer OMV Petrom has bought a 710MW solar PV portfolio in its home country, which it said will be one of Southeastern Europe’s ‘most significant’ solar projects.

Spanish developer Grenergy has signed a 12-year power purchase agreement (PPA) for its Gran Teno solar park in Chile.

Specialty contracting company Primoris Services has been awarded 1.4GW of solar projects located in the Southwest US.

Global demand for solar PV could rise up to 40% in 2023 as favourable economics in the solar sector combine with broad policies like the Inflation Reduction Act (IRA) and REPowerEU schemes.

As PV projects become more and more common in the Nordics, wind players like OX2 are entering the solar market with large-scale projects.

Independent power producer (IPP) Sonnedix has launched operations at its 160MW Sonnedix Meseta de los Andes solar plant in central Chile.

Tom Kenning on one of the most promising up-and-coming solar power players of Southern Europe, Greece. He asked experts about the challenges and opportunities for PV in the country.

Renewables covered about 52% of gross domestic electricity consumption in H1 2023, three percentage points higher (49%) than the same period in 2022.

The Ministry of Ecological Transition (MITECO) in Spain has updated its National Energy and Climate Plan (NECP) with an increased target for solar PV of 76GW by 2030.

Large-scale renewable energy developer Intersect Power has secured a revolving credit facility to the tune of US$800 million to support the deployment of its solar, energy storage and wind asset pipeline.