Power Plants

The EC identified 14 actions under seven categories for accelerating the pace of grid development in Europe.

Over 2TW of electricity generation and storage developments were waiting in queues for grid interconnection in April 2023.

Indian solar manufacturer Waaree has shipped 850MW of PERC modules to Spanish developer Acciona Energia for use at its solar sites in the US.

Solar tracker and racking provider Solar Steel has signed a supply agreement for 250MW worth of steel fixed structures to an unnamed recipient in Spain.

The Australian government’s start of competitive Contracts for Difference (CfD) tenders for dispatchable renewable energy capacity backed with energy storage is an unprecedented step for national energy policy.

Israel-headquartered independent power producer (IPP) Econergy has announced the commercial operations for a 155MW solar project in Romania.

Indian power company AmpIn Energy Transition has invested INR31 billion (US$371.7 million) to build renewables projects of more than 600MW and a solar cell and module manufacturing plant.

Inverter manufacturer Sungrow has supplied its 1+X modular inverters to renewables company Comerc Renew’s 267MW solar PV plant in Brazil.

A total of about 8.5GW of solar capacity was added in the first three quarters of 2023 in India, down by 25% year-on-year.

A “toxic inventory” of modules has been building up in Europe because market growth has been slower than expected, according to S&P Global.