Power Plants

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.

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.

Solar players in Europe have called for efforts to accelerate renewables deployment and unlock more corporate power purchase agreement (PPA) volumes in light of the European Union’s (EU) push for more energy independence following Russia’s invasion of Ukraine. Jules Scully hears from them directly.

SolarPower Europe has issued a list of eight actions that will help Europe accelerate solar deployment to reach a total capacity of 1TW by 2030 and reduce its reliance on Russian fossil fuels imports.