The maximum price for renewable energy projects awarded Contracts for Difference (CfD) under the UK government's Allocation Round 8 (AR8) auction has remained at £75/MWh (US$100/MWh).
The combination of grid shortages and massive recent expansion has put European solar developers in a “critical” position, according to the CEO of veteran German solar EPC and developer, Belectric.
Australian renewables company CleanPeak Energy will develop a 9MWp rooftop solar PV system alongside 30MW/120MWh of battery energy storage for Western Sydney International (WSI) Airport in Australia.
Swedish independent power producer (IPP) OX2 has acquired the Corop solar-plus-storage project in Victoria, Australia, adding a 230MWac solar PV power plant and up to 290MW/1,160MWh of battery energy storage to its Australian portfolio.