Statkraft has completed what it claims to be Albania’s first floating solar plant, energising a 500kW, first phase install at the base of a hydropower project on the country’s Banja reservoir.
Danish renewables developer Ørsted has said it plans to invest DKK 350 billion (US$57 billion) by 2027 to reach 50GW of installed clean energy capacity by the end of the decade.
Renewables are set to account for 70% of global investment in new power generation capacity this year with solar PV leading the growth, but spending on clean energy must accelerate much more rapidly if the world is to meet its climate goals.
Renewable energy software company Clir Renewables has raised CAD$27 million (US$22.4 million) to grow its business operations in Europe and North America.
Lightsource BP has said it won more than 40% of the total awarded capacity in Greece’s renewables auction last week through a co-development partnership, increasing its global presence to 14 countries.
Solar PV bidders picked up all the available 350MW of capacity in Greece’s latest renewables auction, which took place on 24 May and closed with lower prices than the country's previous tenders.
Researchers at the University of Sheffield have found a new way to extend the life of perovskite materials by more than three months, paving the way for new solar cell technologies.
Grids continue to be a thorn in the side of European renewables as long connection queues and exorbitant fees risk stymying the clean energy transition. In this exclusive discussion from Large Scale Solar Europe 2021, we hear how grid operators are adapting to the demands of clean power generators.
BP-backed renewables group Lightsource BP is set to invest €900 million (US$1.1 billion) in solar company INSUN to fund the development of five utility-scale solar projects across Portugal.
