Power Plants

The rapid deployment of solar and other renewables is creating new pressures on the efficient operation of electricity markets. Stephen Woodhouse looks at whether a shift from national to locational pricing offers a solution to optimal market design as decarbonisation efforts gather.

India’s Ministry of New and Renewable Energy (MNRE) has published its latest figures for clean power capacity additions in the country, which show that the country added 15GW of new solar capacity in the 12 months to the end of March 2024.

The US Department Of the Interior (DOI) has granted permits to over 25GW of renewable energy capacity on public lands, a milestone originally earmarked by the Biden administration for 2025.

PV Tech Premium spoke with analysts about the rejection of phasing out the net metering scheme and the subsidy for manufacturing modules and batteries.

Dominion Energy has announced that it is seeking proposals for the acquisition of new solar, onshore wind and BESS projects in Virginia.

Greek renewables developer Mytilineos and regional utility PPC Group have signed a new deal to develop and construct 2GW of solar PV assets in Southeastern Europe.

Spanish oil major Repsol has completed construction on a 637MW solar PV project in Swisher County, Texas, its largest to date.

Virtual power plants (VPPs) in California, US, could provide over 7.5GW of capacity, around 15% of peak demand by 2035, according to a report from consultancy The Brattle Group for non-profit GridLab.

US community solar developer Nexamp has raised US$520 million to expand its operations into new markets and execute its existing project pipeline.

Grid connection backlog increased by 27% YOY in the US with about 2.6TW of generation and storage capacity now seeking grid interconnection.