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Focus should be on adapting CfDs instead of introducing Locational Marginal Pricing, say trade groups [Image: EDF]

September 1, 2023/

                 The cost of electricity will “inevitably rise for consumers” if plans for an overhaul of the market go ahead, say three UK trade associations representing over 800 renewable energy companies. The plans, called “‘Locational Marginal Pricing”, are being considered by Government and…

IT infrastructure supplier Atea has signed a 10-year deal to offtake energy from a new solar project [Image: Better Energy]

August 31, 2023/

                 IT infrastructure supplier Atea has signed a 10-year PPA with Better Energy to offtake energy from a new solar project in Denmark. When connected to the grid later this year, the project is expected to deliver an additional 70GWh per year of…

Secursun is working to complete more than 50 utility scale projects by 2026 with seven beginning this year
[Image: Sunotec]

August 30, 2023/

                 German joint venture Secursun has started the construction of the first solar parks from its portfolio of around 1100MW in the country. In total, more than 50 utility solar parks will be completed between the end of 2023 and 2026. All plants…

The two projects have a combined capacity of over 2.6GW [Image: ACWA Power]

August 29, 2023/

                 ACWA Power has announced the financial close of its Al Shuaibah 1 and Al Shuaibah 2 Saudia Arabian solar projects, which have a combined capacity of over 2.6GW. Situated in Al Shuaibah in the Makkah Province, the Al Shuaibah PV 1 and…

The project is set to come online by 2025 [Image: European Energy]

August 28, 2023/

                 European Energy’s 115MW solar project in Broceni, Latvia has entered its final development stages. Once constructed, the solar farm is poised to become one of Latvia’s largest photovoltaic projects. The project is scheduled to be connected to the Latvian grid by 2025.…

Electrify America Solar Glow scheme's 225GWh annual output will support EV charging [Image: Electrify America]

August 25, 2023/

                 Electrify America has announced the commercial operation of its 75MW solar project in San Bernardino County, California. Electrify America Solar Glow 1 is the result of a 15-year virtual PPA with developer Terra-Gen. The project is expected to produce 225GWh annually to…

Equipment has been developed for large-scale green hydrogen projects and can be integrated into BoP
[Image: ITM Power]

August 24, 2023/

                 ITM Power has launched a 20MW core electrolysis process module suitable for scaling up into large-scale electrolyser and green hydrogen projects.  The Poseidon module has been engineered by ITM incorporating “real-world lessons learned from commercial projects”. It is a standardised module with…

Sum can increase to $250m to support construction and operation of company’s renewables projects
[Image: Greenbacker]

August 23, 2023/

                 Greenbacker Renewable Energy Company has announced it has closed on a new warehouse financing facility in an initial aggregate principal amount of $75m, with the potential to increase up to $250m. The climate-focused investment manager and independent power producer will use the…

Company will take on 16 sites totalling 265MW owned by funds managed by Schroders Greencoat [Image: BayWa r.e.]

August 22, 2023/

                 BayWa‘s renewable energy subsidiary has signed a series of long-term operations and maintenance (O&M) contracts with funds managed by Schroders Greencoat for its solar portfolios in the UK. These new agreements will see BayWa r.e. take on 16 solar photovoltaic (PV) sites…

Voltalia developing the scheme which is expected to go live by the end of 2023
[Image: Voltalia]

August 21, 2023/

                 Trina Solar has delivered a volume of 140MW of solar modules to Voltalia for the Karavasta solar project in Albania. The project will be one of the largest of its kind in the Western Balkans and was initiated following a call for…

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