The proliferation of solar requires PV projects to adapt to their grid surroundings, which increasingly entails connecting alongside adjacent technologies, be it energy storage, other renewables or green hydrogen. Amid the growing threat of curtailment, Jules Scully looks at the rise of the ‘solar-plus’ market and the financial models underpinning it.
French renewables company Voltalia’s Q2 revenues were up 26% year-on-year to €111 million (US$113 million) as its project development, construction and equipment procurement segment continued to grow.
The company behind a renewables project that will feature 7GW of solar PV and 5GW / 20GWh of battery storage in Morocco is progressing with offshore surveying for four high-voltage direct current (HVDC) cables that will eventually connect the installation exclusively to the UK.
Arab-speaking countries in the MENA region have planned to increase utility-scale solar capacity by 49.5 GW by 2030, according to Global Energy Monitor.
Renewable energy body MASEN launches tender to pick firms to deploy portfolio at nine preliminary locations country-wide, with the government set to pre-equip sites.
The investment, which is contingent on approvals, would help the Mansour Group-owned developer roll-out solar, wind, distribution infrastructure and EV charging systems in Egypt and neighbouring states.
The World Bank will provide US$125 million in additional financing for the Noor-Midelt 1 and II plants, which include a combination of concentrated solar power (CSP) and PV.
