Storage

Inverter design and configuration is continually evolving, and so are the strategies of the companies making this important piece of kit, writes Jonathan Touriño Jacobo.

Renewables developer ACEN Australia is poised to commence construction on its 400MW Stubbo solar project after having executed key contracts and reached a final investment decision, continuing its recent expansion in Australia’s renewables market.

PV developer Primergy has submitted an initial permitting application to La Plata County, Colorado, for its proposed 155MWac Hesperus Solar project, which will be co-located with 155MW of battery energy storage.

The World Bank has approved funding for a US$497 million renewable energy project in South Africa that will see 150MW of solar and 70MW of wind capacity installed in place of the coal-fired Komati power plant.

The ADB has signed a transaction advisory service mandate with utility Électricité du Cambodge to support the development of 2GW of solar power in Cambodia.

EE North America, a subsidiary of Danish renewables developer European Energy, will develop a 2GW pipeline of solar power and energy storage in Arizona and surrounding states. The pipeline is part of an agreed partnership with Elio Energy, a utility-scale renewables developer, and is expected to commence construction between 2023-25. 

Rezolv Energy, backed by sustainable infrastructure investor Actis, has acquired rights to a 1,044MW PV plant in western Romania. Actis has said the project is “expected to be the largest solar PV plant in Europe”.

One third of US households who installed solar PV in 2021 had incomes between US$50,000-100,000, according to a report from LBNL.

NextEra Energy has reported better-than-expected financial results for Q3 2022 despite the damage wrought by hurricane Ian as it continued to buildout its renewable energy pipeline and seeks to take advantage of the Inflation Reduction Act (IRA).