A multi-gigawatt co-location market looks set to take off within the next five years, however uncertainty over DC coupling, the need for costly symmetric grid connections and outdated regulatory frameworks risk stymying the market’s growth.
RainWise has introduced the ‘PVmet 500’ weather station series for commercial and utility-scale PV power plants, which is said to be the world’s first compact and customizable multi-function professional grade weather station specifically designed for PV efficiency monitoring. The PVmet 500 provides a cost-effective solution, measurement accuracy, and IEC-61724-1 compliance and handles multiple communication protocols for fast field acceptance.
Driven by declining module costs, solar was by far the world’s leading power-generating technology installed in 2019, making up 45% of new capacity, according to BloombergNEF.
Floridian utility Gainesville Regional Utilities (GRU) has penned a power purchase agreement with developer Origis Energy for a solar-plus-storage project in the state.
Energy giant BP has signed a memorandum of understanding (MoU) with JinkoSolar’s development and operations arm JinkoPower Technology to target China’s sizeable C&I power market.
German solar and wind firm Encavis AG has further cemented its position in the French market by acquiring the oustanding shares in a portfolio of assets it had invested in.
Additions have been made to support action on climate change through federal tax incentives in the proposed Congress bill to invest US$1.5 trillion in infrastructure across the US.
Copenhagen Infrastructure Partners has already raised €1.5bn of €10-14bn CI IV vehicle, set to back wind, solar and others across OECD states, developed Asian nations and Australia.
