Power Plants

The world installed around 174GW of solar PV in 2021, a 20% jump on the previous year, and is expected to deploy 260GW this year, barring any major disruptions to international trade.

Developer Mytilineos' renewables and storage department has recorded its best ever sales quarter in Q3 at the same time as posting strong numbers for the first three quarters of the year.

The White House has praised Lightsource bp for “driving demand for made-in-America solar” via building 2GW of clean energy, representing more than US$2.1 billion of investments across the US.

Vena Energy Australia has closed funding for stage one of the 125MW Wandoan South PV project, which is co-located with energy storage.

Japanese renewable energy company Shizen Energy has received a ¥20 billion (US$133 million) investment from investment group CDPQ.

Lightsource bp and the wholesale power provide Alabama Municipal Electric Authority (AMEA) have unveiled their 130MW Black Bear Solar project that will provide electricity to AMEA’s 11 member public power utilities.

Green hydrogen electrolysis is emerging as a potential solution to curtailment, taking excess solar and converting it into hydrogen for either long-duration storage or use by other industries, writes Alissa Tripp, senior research and commercial analyst at Octopus Hydrogen.

With many similarities to the Greek solar market, Romania is on track to accelerate its solar deployment in the coming years.

Winning bidders from Portugal’s solar auctions will have their tariffs increased in line with inflation as the government aims to ensure the projects remain economically viable.

National Grid Renewables has signed a 140MW PPA with chocolate makers The Hershey Company in the second such deal between the two companies.