Innovative power purchase agreement structures enable solar asset owners to boost returns and leverage their positions while providing offtakers with the opportunity to protect against increasing electricity prices and enhance their decarbonisation efforts.
Spanish utility Iberdrola has installed more than 4.5GW of solar PV capacity across the markets it operates due to new capacity added in Australia, Spain and Brazil in the first quarter of 2023.
Solar PV manufacturer Astronergy has signed a deal with Romanian energy company EXIMPROD Grup to supply 200MW worth of its PV modules to the group’s pipeline of five solar projects.
The European Solar Manufacturing Council (ESMC) has called on the European Union member states to allocate financial support from REPowerEU grants to support solar PV manufacturing.
Building on the successes of floating PV projects installed on lakes and dams globally, offshore installations are an emerging opportunity for developers, potentially when co-located with wind farms. George Heynes explores how the industry can move beyond pilot projects to large-scale, commercially viable installations, detailing the challenges and opportunities ahead.
Cheap and quick to deploy, solar PV can provide a vital source of power to areas impacted by war, supporting critical infrastructure and helping to keep day-to-day life running.
Molly Lempriere details how the technology is helping communities in Ukraine and other war zones