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Strike price lands at £47/MWh, up marginally on the £46/MWh rate in 2022 round
[Image: Lightsource]

September 11, 2023/

                 Solar projects totalling just under 2GW have secured CfDs in the latest Allocation Round, the most of any technology. Around 400MW is to be delivered in 2025-2026, 150MW in 2026-2027 and 1.4GW in 2027-2028, according to the results. The strike price for…

Deal with Orange Romania to offtake 30GWh of PV energy per year [Image: Engie]

September 8, 2023/

                 Orange Romania has signed a 6-year virtual PPA with Engie covering 30GWh of its annual electricity needs with green energy from solar technology. By signing the vPPA, Orange and Engie Romania have partnered in a joint project that supports Orange companies in…

51MW Garrido Project Complex comprises five solar power plants [Image: Voltalia]

September 7, 2023/

                 Voltalia has completed commissioning of its new Portuguese Garrido scheme consisting of five solar power plants for a total capacity of 51MW. Construction of the Garrido Project Complex began in September 2021. The site has reached full power after a phased commissioning…

Developer to deliver 29.99MW from its solar project in Malaysia [Image: Ib Vogt]

September 6, 2023/

                 International solar developer Ib Vogt has been awarded a vPPA under the Corporate Green Power Programme (CGPP) with Samsung SDI Energy Malaysia. CGPP is a virtual power purchase programme implemented by the Energy Commission to enable corporates to procure and consume renewable…

With finance secured Kom Ombo solar project is expected to be operational in January 2024 [Image: ACWA Power]

September 5, 2023/

                 ACWA Power has announced the financial close for the 200MW Kom Ombo a utility-scale solar power plant in Egypt. With an overall investment cost of US$182m, the Kom Ombo plant is expected to be commercially operational in January 2024. Financing institutions for…

Project joins four solar battery facilities in similar sites already under construction or in operation [Image: RWE]

September 4, 2023/

                 RWE has installed two photovoltaic plants complete with battery storage facilities at the Garzweiler opencast mine in North Rhine-Westphalia, Germany, as part of its country-wide plant concept. The company has installed more than 58,000 bifacial PV modules on a site the size…

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…

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