Projects

Tata Power to build a 2GW module plant in India, while Vikram Solar filed draft papers for its IPO and build a 3GW cell and module plant.

The Australian government revealed yesterday (30 September) additional funding for Queensland’s Local Renewable Energy Zones (LREZ), which will increase each zone's solar PV capacity to 16.2MW.

In Western Australia’s Gascoyne region, Exmouth will run on 80% solar PV-derived renewable energy via a 20-year power purchase agreement (PPA) between Pacific Energy and Horizon Power, the state’s energy provider.

PV modelling relies on the assumption of 99% availability for forecasting, but the adoption of a more realistic metric would improve finances.

TotalEnergies has started commissioned two Texas solar projects with a combined capacity of 1.2GW and battery energy storage systems (BESS).

The world could meet the targets set out at last year’s COP28, as long as 'additional international efforts' are made, according to the IEA.

Utility Puget Sound Energy has signed contracts for a solar PV project developed by Qcells and a standalone battery storage project from Brightnight and Cordelio Power in Washington, US.

Meridian Energy, a New Zealand state-owned energy company, has been granted consent to develop a 120MW solar PV project in Tai Tokerau Northland.

The global target to treble renewable energy capacity to 11TW by 2030 is off track, according to a report from BloombergNEF (BNEF).

The Saudi Arabian government’s power procurement arm has invited bids for up to 3GW of new solar PV capacity.