The Australian National Electricity Market (NEM) faces reliability issues over the next 10 years as coal plants retire and investment in renewables generation and storage continues to lag, according to the Australian Energy Market Operator (AEMO).
German independent power producer Encavis has signed a framework agreement with German PV developer Innovar Solar to build 160MW of solar PV in Germany.
Greek fossil fuels company HELLENiQ has signed a deal to purchase 180MW solar PV portfolio in its home country from the Greek arm of UK-based renewables developer Lightsource.