Power Plants

The renewable energy subsidiary of Indian integrated power company Tata Power has announced plans to develop a 255MW hybrid solar and wind project in the state of Karnataka, India.

The German Federal Network Agency, the Bundesnetzagentur, has raised the maximum tariff for solar and wind energy ahead of its 2023 tenders for renewables projects. The agency said that it hopes the raised tariffs will lead to an increase in bids for renewables projects after the process saw underwhelming results in 2022.

Lithuanian government-owned utility and renewables developer Ignitis Group has acquired a Latvian developer with a 300MWp portfolio of solar PV.

As solar becomes more sophisticated, the industry is leaning on more advanced software and AI to determine the best sites and optimum system designs. Molly Lempriere explores the role AI and other advanced techniques are playing in solar development.

Using an in-house tool and PVsyst simulation software, a team from Chint New Energy Technology Co. analyse the LCOE of utility-scale solar systems in various countries based on three technologies: PERC, TOPCon and HJT.

As 2022 comes to an end, PV Tech is reviewing the year in solar, reflecting on some of the biggest stories and trends of the last 12 months. In today’s review, we look back on the industry’s third quarter, which saw the US sign the Inflation Reduction Act.

As 2022 comes to an end, PV Tech is reviewing the year in solar, reflecting on some of the biggest stories and trends of the last 12 months. Following on from our Q1 review, we take a look at how the industry navigated rising prices and detail some of the major acquisitions.

UK-based energy group Octopus Energy’s generation arm has invested in independent power producer (IPP) FF New Energy Ventures (FFNEV) to develop 1.6GW of solar and storage in Spain and Portugal.

Enfinity Global, a renewable energy developer and service provider, has reached financial close on 112MW worth of solar PV projects in Italy, representing €142 million (US$150 million) in VAT and long-term financing.

Solar tracker manufacturer Soltec has signed an agreement with Canadian Solar and SPIC to supply 738MW of its trackers to two Brazilian solar projects.