A round-up of the latest PV project news from the US and Europe, including two announcements in Spain, the inauguration of a pair of Hungarian PV plants and operations beginning at an installation in Colorado from Lightsource bp.
A lack of engineering, procurement and construction (EPC) capacity in Spain represents a key challenge for the country’s solar industry as PV plant deployment soars and the government authorises gigawatts of new projects.
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.
Solar electricity generation in the EU grew significantly last year thanks to a rise in adoption in major countries, according to a study conducted by energy think tank Ember.
Energy giant Statkraft has received environmental permits for the construction of 613MW of solar PV projects in the Spanish regions of Murcia and León.
Spain has deployed 2.5GW of self-consumption in 2022, almost half of its total installed capacity, according to data from the Spanish trade association UNEF.
