Co-location

Despite an awareness of the benefits that co-located storage and solar can offer, the commercial model for such sites has yet to materialise.

The EU highlighted a report showing that agrivoltaics on just 1% of the bloc’s farmland could grow installed solar to approximately 944GW.

The co-location of renewable generation and energy storage demands new contractual arrangements to make such projects commercially viable. Jack Rankin, Miguel Valderrama and Brian Knowles of Pexapark explore how hybrid PPAs are becoming a favoured solution for structuring deals that capture the full value of both assets.

Switzerland-based institutional investment group SUSI Partners has entered a development deal for two large-scale solar-plus-storage hybrid power plants in Chile.

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.

Renewable energy company Vena Energy has reached financial close on a 176MW solar and wind project in India.

A state-owned solar-plus-storage project being developed in Mexico firmly establishes the shift in government thinking on energy storage, a local battery storage firm told sister site Energy-Storage.news.

Green hydrogen electrolysis is emerging as a potential solution to curtailment, taking excess solar and converting it into hydrogen for either long-duration storage or use by other industries, writes Alissa Tripp, senior research and commercial analyst at Octopus Hydrogen.

A round-up of project-related news from the world of solar-storage hybrid projects, featuring news from South Africa, Puerto Rico and Hawaii.