Solar PV additions have seen significant increase over the past few years, while it is also leading the increase in new renewable capacity worldwide this year, according to the International Energy Agency’s latest report Renewable Energy Market Update June 2023.
Clean energy company Nexamp has secured US$400 million in debt and equity financing to develop up to 250MW of community solar and storage projects across the US.
Renewables company BayWa r.e has inked a deal with German bank Norddeutsche Landesbank (NORD/LB) to secure €32.5 million (US$34.7 million) for a 54.1MWp solar project in Spain.
Emeren Group – a global solar PV developer – has sold its 58MW Polish solar portfolio to Spectris Energy. The projects were sold ‘ready to build’, and Spectris will handle construction and own the projects long-term.
With Germany working on its goal of producing 80% of electricity consumption covered by renewable energy in 2030 as set out in the EEG 2023, it has announced plans to provide a new contract model to enlist local communities in the energy transition.
As agrivoltaics projects grow in popularity, PV Tech Premium gives a look at four countries - Germany, the US, France and Australia - and Africa that have embraced the technology.
European Energy (EE) has received a construction permit for a 250MW PV plant in Catania, Sicily. The company said that the installation will be the largest in Italy upon completion.
Joint-venture (JV) Repsol Ibereólica Renovables Chile, equally owned by Spanish oil major Repsol and renewables company Ibereólica Renovables Group has commissioned 76.8MW of a solar PV project in Chile.