Spanish utility Iberdrola has installed more than 4.5GW of solar PV capacity across the markets it operates due to new capacity added in Australia, Spain and Brazil in the first quarter of 2023.
Vibrant Energy said the project financing worth INR22 billion (US$267.9 million) provided by Indian non-banking financial entity Power Finance Corporation will be used for the wind-solar hybrid projects located in Madhya Pradesh and Karnataka.
Nearly 1TW of solar PV capacity had interconnection queues at the end of 2022, according to a research from Lawrence Berkeley National Laboratory (LBNL).
Renewable power producer BrightNight has formed a partnership with energy platform ACEN Corporation to ramp up the development of its 1.2GW renewables portfolio in India.
Finnish renewables developer Taaleri Energia – the renewables arm of Taaleri Group – and Nordics-focused developer Landinfra Energy have entered a partnership to develop 1.9GW of hybrid solar, energy storage and wind projects in Sweden.
A total of 4.7GW of utility-scale solar capacity was installed in Q4 2022 in the US, but the difficulties in sourcing modules caused a delay in installations, according to industry body the American Clean Power Association.
Australian solar equipment manufacturer 5B has been appointed to supply its Maverick module technology to a 95MW hybrid power station in Western Australia.
