The companies say the agreement is the result of their complementary strengths and long-term vision of the renewable energy production business in Spain.
Capital Dynamics’ Clean Energy Infrastructure unit previously acquired a 30% stake in Arlington Valley Solar Energy II as part of the acquisition of three PV projects from LS Power in November.
Realized under Ukraine’s feed-in-tariff scheme, the Kamianka plant is expected to deliver some 37 GWh per year and provide clean energy to more than 11,000 households.
From PV panels to solar storage and solar collectors, rooftop installations grew 25% in Germany this year as due to increasing consumer demand for greater energy independence, lower solar tech prices, improved subsidy conditions and the rising popularity of electric cars. A further increase in solar technology expansion targets is expected to meet climate targets and avoid electricity shortfalls, according to the German Solar Association.
Spain’s largest utility has completed the installation of its first two PV plants to be connected to the grid in the Andalusian province of Seville. The €70 million project is seen as a pioneering example of agrivoltaics for the company.
Better Energy is developing a new pilot project to demonstrate how future solar parks can be built on restored wetlands, not only reducing CO2 emissions by producing green power, but also by restoring carbon-rich lowland areas to wetlands.
Egyptian energy services company Elsewedy Electric T&D (EETD) recently secured a contract to build a 20 MWp PV plant and 35 MWh storage system in South Sudan.
Falling solar prices are leading to a new energy strategy for the United Arab Emirates as local energy companies offer unbeatable prices that make green hydrogen increasingly affordable.
A new report by Wood Mackenzie suggests that rapid solar module technology innovations in the next decade will lead to significant increases in module power class, better performance and more versatile applications. Technology and lower capex will be key to sector growth, it adds.
China’s Yingli Solar is partnering with a number of high-profile players in its domestic market to achieve mutually beneficial endeavors and promote the country’s clean energy sector.
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