Indian renewables company ReNew Power, oil refiner IndianOil and engineering company Larsen & Toubro (L&T) have formed a joint venture (JV) to develop green hydrogen projects in India, with the latter two forming a separate JV dedicated to manufacturing electrolysers in India.
In September 2021 Lightsource bp set itself the target of reaching financial close on 25GW of solar by the end of 2025. Liam Stoker spoke to the developer’s leadership team to discover how it is expanding into new markets, securing financing deals and assembling a workforce capable of reaching that target.
Portugal will aim to increase the share of renewables in electricity production to 80% by 2026, four years earlier than previously planned, its new government announced ahead of the country’s latest solar auction.
EDP is to acquire Polish distributed solar company Soon Energy, enabling its presence in Poland to grow fivefold, the company has claimed, as it targets distributed generation as a key growth area in the country.
Voltalia subsidiary Helexia has acquired French agrisolar installer and operations company Cap Sud for €5 million (US$5.5 million) after the company was placed in safeguard proceedings at the end of 2021.
Spain has sought to regulate the installation of floating solar PV on reservoirs in the country, issuing a list of requirements based largely on water quality.
SMA Solar Technology’s sales for 2021 came in below prior expectations for the year as the inverter supplier was impacted by a shortage of electronic chips – a headwind it expects to persist in the coming months.
Spain is to fast-track solar PV projects with generation capacities of up to 150MW as part of a suite of measures the country has enacted to help ease an energy crisis affecting the country.
Floating solar installations continue to grow globally, with Asia set to lead the way in the next decade, which presents significant opportunities for its combination with pumped hydro storage, according to a Fitch Solutions report.
PV Evolution Labs (PVEL) and Quantified Energy Labs (QE Labs) are to offer drone inspection services for the US solar market after the duo signed an exclusive agreement.
