Cero Generation, intended to be among the biggest solar development companies in Europe, has been launched by Australian giant Macquarie’s Green Investment Group (GIG).
The results of Spain’s auction this week for 3GW of renewables capacity have been widely welcomed by the country’s solar sector, but calls have been made to tweak future auctions to support smaller-scale projects as well as encourage the participation of bids with energy storage.
Rising domestic demand for solar helped Spain reach 596MW of new self-consumption PV installations last year, according to data from trade association UNEF.
Corporations bought 18% more clean energy last year compared with 2019, according to new research, with tech giant Amazon and oil and gas group Total leading the global energy transition.
Solar PV bidders secured two-thirds of allocated capacity in the first of Spain’s new renewable energy auctions, which was held yesterday (26 January) and was more than three times oversubscribed.
A research project has produced a silicon carbide inverter capable of enabling large-scale solar systems to connect directly to medium-voltage grids without the need of a transformer.
French solar asset owners are set for months of uncertainty and potential legal battles as the country’s government moves forward with efforts to retroactively cut feed-in tariffs (FiT) for some older PV power plants.