Independent power producer (IPP) BrightNight has partnered with automaker Rivian and environmental nonprofit The Nature Conservancy to develop an 800MW solar PV project on a former coal mine in Kentucky, US.
Tom Kenning looks at the rise of solar power in Texas, a US state better known for its role in the oil and gas industry, where a beneficial tax regime and an abundance of project land work in favour of building out solar power generation.
High development costs and an unstable regulatory environment have increased average solar power purchase agreement (PPA) prices in Europe to a new high of €76.84 (US$82.4)/MWh in Q4 2022.