The Asian Development Bank (ADB) has agreed on a $160 million financing package for two solar projects in southeastern Azerbaijan, totaling 760 MW. Abu Dhabi-based Masdar is co-developing the project with a subsidiary of State Oil Company of Azerbaijan (Socar).
Thornova Solar has started producing solar modules in Indonesia. The company says the move is in line with changing US market regulations. It plans to supply customers with modules from Indonesia or the United States by mid-2025.
Lithuania has decided to tighten its cybersecurity laws, banning manufacturers from countries deemed national security threats, including China, from remotely accessing management systems of solar, wind, and storage facilities. The European Solar Manufacturing Council has backed the move.
The Dubai Electricity and Water Authority (DEWA) has launched a tender seeking advisory services from independent power producers for a 1.6 GW solar plus 1 GW battery energy storage system project. The deadline for applications is Dec. 17.
CHN Energy has connected the first phase of its 1 GW offshore solar project in China to the grid, marking progress on what it calls the world’s largest open-sea solar array, capable of powering 2.67 million urban residents upon completion.
French developer Voltalia and Egyptian energy distribution company Taqa Arabia have signed a memorandum of understanding to turn an existing 545 MW wind farm into a 3 GW hybrid wind-solar site.
An international research team based across Canada, China and the US have said developers must stop focusing not only resource availability, and also consider resource variability and resource extremeness, to avoid renewables “drought” at solar and wind sites.
A report from the Council of Energy, Environment and Water has analyzed nine of the ten countries with the largest rooftop solar markets to offer recommendations to other economies looking to accelerate rooftop solar deployment.
A study by the University of Freiburg and the Fraunhofer Institute for Solar Energy Systems finds that deploying color-matching solar modules on a building’s roof or facade further increases social acceptance of building-integrated photovoltaics (BIPV).
AleaSoft Energy Forecasting says weekly average electricity prices were above €110 ($116.05)/MWh in all major electricity markets last week, bar the Nordic market. The increase came as most analyzed markets reached their highest hourly price recorded so far this year.
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