Power Plants

The European Council (EC) yesterday reached an agreement on a revision to its Renewable Energy Directive (RED) as part of its ‘Fit for 55’ package that has increased its renewables targets and called for accelerated permitting for clean energy projects.

A proposed law in Spain aimed at clawing back revenues from emissions-free power plants would create risks for renewables investors and favour fossil fuel-fired generation, according to trade groups that have urged the European Union (EU) to intervene.

Energy giant Statkraft intends to develop 4GW of onshore renewables each year by 2030, an acceleration of its previous 2025 target of 2.5GW - 3GW.

Solar developer Procon Solar GmbH has sold a 400MW PV project pipeline to German energy company EnBW, with the potential for this to double over the next year as EnBW targets 50% of renewables in its generation mix by 2025.

Nearly 1.5GW of solar PV in the Philippines has been contracted through the country’s new renewables auction round.

Polish PV developer R.Power is targeting the development of 1GW of solar projects in Italy in the next 12 months.

Tata Power Solar Systems said it has commissioned India’s largest floating PV plant, a 101.6MWp project in the southern state of Kerala.

A project in Australia that could feature up to 17–20GWp of solar and 36–42GWh of energy storage has been categorised as investment ready by a government agency.

The Michigan Public Service Commission (MPSC) has approved utility Consumers Energy's plan to end coal use by 2025.

Sungrow was the world’s biggest PV inverter company in 2021, shipping 47.1GW of products and expanding its production facilities in Asia, according to research firm IHS Markit.