Solar PV accounted for 55.8% of the total power generation capacity added to the Indian grid in 2023, including fossil fuel additions which rose considerably over the year in response to growing electricity demand.
According to Syliva Levya Martinez, principal analyst of North American utility-scale solar at Wood Mackenzie: “These are not the last of these types of transactions we’re going to see”.
FP Lux Group has purchased a 114MWp portfolio of solar PV projects in Italy from German renewables developer PNE in the first investment of its FP Lux Energy Transition Fund.
Spanish photovoltaics developer Solaria has received construction authorisation to commence building its 595MW Garoña solar project in the province of Burgos, northern Spain.
Danish renewables developer Ørsted has signed a 15-year power purchase agreement (PPA) to supply 80MW of solar PV power in the US to media company Bloomberg.
CALSSA executive director Bernadette Del Chiaro says a downward trend will be the best description of the California market this year without government intervention.
