The proliferation of solar requires PV projects to adapt to their grid surroundings, which increasingly entails connecting alongside adjacent technologies, be it energy storage, other renewables or green hydrogen. Amid the growing threat of curtailment, Jules Scully looks at the rise of the ‘solar-plus’ market and the financial models underpinning it.
Spanish tracker manufacturer PV Hardware is aiming to reach more than 21GW of annual production capacity globally as it progresses with plans to open a new factory in the US next year.
The European Parliament has backed plans to increase the European Union’s (EU) renewable targets as it grapples with the fallout of the war in Ukraine and the rampant energy crisis.
Solar PV plants across the European Union could be subject to a temporary revenue cap under new proposals aimed at helping energy consumers reduce their bills.
US energy software-as-a-service (SaaS) company Enverus has acquired Madrid-headquartered PV software provider RatedPower, broadening its portfolio of solutions in the solar industry.
Despite “breakthrough” renewables growth across Southeast and Eastern Europe, the Caucasus and Central Asia in recent years, more needs to be done to boost deployment and reduce the region’s reliance on Russian energy imports.
Measures related to windfall revenues of power generators in Europe should target actual profits only and exempt renewables that do not make windfall profits, SolarPower Europe (SPE) has said.
