Patrick Jowett
Europe’s weekly electricity prices surge on higher gas costs
AleaSoft Energy Forecasting says higher weekly average gas prices and increased electricity demand significantly affected electricity prices last week. In all analyzed markets, bar the Nordic market, the weekly average price exceeded €75 ($82.90)/MWh.
Grenada seeking bids for 15.1 MW of airport solar
Grenada’s Public Utilities Regulatory Commission is seeking expressions of interest for 15.1 MW of solar at Maurice Bishop International Airport. The project may also include a 10.6 MW/21.2 MWh battery energy storage system (BESS). The deadline for submissions is Sept. 20.
Finland to build world’s largest air-to-water heat pump plant
Helen, a Helsinki-based energy company, has unveiled plans for a large-scale district heating plant complex. Germany’s MAN Energy Solutions is supplying a 33 MW air-to-water heat pump, the largest ever used for a district-heating plant, with ambient air and renewable electricity for heat generation.
QatarEnergy to build 2 GW solar plant
QatarEnergy has unveiled plans for a 2 GW solar project in western Qatar, which will more than double the country’s cumulative installed solar capacity.
ACWA Power secures $2.6 billion for 5.5 GW of solar in Saudi Arabia
ACWA Power has obtained $2.6 billion through a consortium of banks for three solar plants in Saudi Arabia, with a combined capacity of 5.5 GW.
Fiji launches tender for ground-mounted solar
Energy Fiji Ltd. has started accepting bids for the development, operation and maintenance of three ground-mounted solar plants in Fiji with a combined capacity of 21.93 MW. The deadline for applications is Oct. 30.
MET Group completes 23.4 MW of solar in Hungary
Switzerland-based energy producer MET Group has finished building a 23.4 MW solar project in eastern Hungary. It will generate enough energy to supply around 13,000 local homes and has a life expectancy of 30 years.
Solar module installations could hit 592 GW in 2024
BloombergNEF says the global solar industry will install 592 GW of modules this year, up 33% on 2023. The consultancy has also lowered its estimate for 2024 polysilicon production, as manufacturers are temporarily scaling back output.
Kosovo opens solar thermal system subsidies for mirco to medium businesses
Micro, small and medium sized enterprises in Kosovo can now apply for subsidies to install solar thermal systems. The deadline for applications is August 31.
Gstar commits to 2 GW solar module factory in UAE
The Singapore-based company is entering the Middle Eastern market after signing a memorandum of understanding for a 2 GW solar module manufacturing project.
