Average winning solar bids in Spain’s renewables auction this week came in above those for wind as interest among PV bidders faltered against a backdrop of rising equipment costs and regulatory uncertainty.
DNV has released the world’s first recommended practice (RP) for floating solar projects to help reduce risks for developers and increase investor confidence in the segment.
A subsidiary of EDP Renewables has signed a build-transfer agreement with Northern Indiana Public Service Company (NIPSCO) for the development of a 200MWac solar park in the US state of Indiana.
EDP, Iberdrola and BayWa r.e. are among the signatories of a new charter that calls on Europe to “accelerate and massively deploy” additional renewables capacity to support the continent’s green hydrogen ambitions.
EDP will focus on North America to ramp up its solar capacity in the next five years as part of a new strategic update that will see the Portuguese utility target more than 50GW of renewables additions by 2030.
There exists a significant opportunity for developers to capitalise on Portugal’s upcoming solar auction to deploy floating PV on the country’s reservoirs, according to panellists speaking at the Solar Finance and Investment Europe online event.
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.
Chilean authorities have announced plans to carry out an auction next year, looking to procure 2,310GWh of renewable power from generation and storage.
A round-up of the latest news from the US, where DTE Energy plans a major solar expansion, Duke publishes its latest IRP and EDP Renováveis divests a majority stake in 563MW of renewable projects.
