Patrick Jowett
Alight to install 90 MW of solar in Finland
Swedish developer Alight plans to build a 90 MW solar park in southwestern Finland. The company says the announcement is a big step toward developing 1.5 GW of PV projects in the country by the end of this year.
Guyana opens tender for supply of solar equipment, installations
The Guyana Energy Agency has started accepting bids for the supply of solar equipment and solar installations across 21 public and community buildings. The deadline for applications is June 18.
Partners move ahead with 500 MW hybrid solar plant in Malaysia
Malaysia’s Uem Group, in collaboration with Blueleaf Energy and Itramas Corporation, is set to develop a 500 MW hybrid solar power plant as part of a 1 GW flagship venture between the companies.
IEA urges countries to accelerate renewables deployment
A new report from the International Energy Agency (IEA) suggests that the world could miss out on a target of 11,000 GW of global renewables capacity by the end of the decade, as agreed at COP28. It also predicts that solar will become the world’s largest source of installed renewable capacity, surpassing hydropower.
Amea Power secures financing for 120 MW of solar in South Africa
Amea Power says it has obtained financing for a 120 MW solar plant near Klerksdorp, South Africa. The funds include $100 million in debt from Standard Bank South Africa and $8 million in equity from Industrial Development Corp.
Kosovo opens subsidy scheme for solar thermal systems
Household consumers in Kosovo can now apply for a subsidy to install a solar system for heating sanitary water. Applications to the first of two stages are open until August 31.
Hive Energy secures grid connection permit for 215.6 MW of solar projects in Serbia
UK’s Hive Energy said the projects will feature battery energy storage systems that equate to 10% of the overall solar capacity.
Azerbaijan gives green light to 760 MW of solar
Azerbaijan has approved the construction of two new solar plants totaling 760 MW in the southeastern part of the country. Abu Dhabi Future Energy Co. (Masdar) will oversee the development of the projects.
Electricity prices falling in most European markets
AleaSoft Energy Forecasting says electricity prices fell in all major European electricity markets during the last week of May, except for the Italian and Nordic markets. Additionally, Portugal broke its record for daily solar energy production again.
Freight costs edge toward pandemic levels, hitting solar module costs
Freight costs, which represent around 4% of a solar module’s total costs, are increasing on trade lines between the Far East and the US West Coast, Northern Europe, and Mediterranean region.
