Patrick Jowett
Globeleq acquires stake in 25 MW Egyptian solar plant
London-based Globeleq has acquired a 48.3% stake in the 25 MW Winnergy solar plant in Egypt’s Benban Solar complex. It will now cooperate on the management of assets and the operation of the facility with Egyptian manufacturer GILA Altawakol Electric.
Electricity prices rising in most European markets
AleaSoft Energy Forecasting recorded electricity price increases in most major European markets during the third week of April. It says prices could continue to increase in the fourth week of April, due to rising electricity demand.
Azerbaijan announces first solar auction
Azerbaijan has revealed plans for its first renewables auction, in order to facilitate the design, financing, construction and operation of a 100 MW solar plant. Applicants can contact the Ministry of Energy from April 30 to participate in the first of two auction stages.
PV Cycle Belgium claims 404 tons of recycled solar panels in Q1
PV Cycle Belgium says it collected and processed 404 tons of solar panels for recycling during the first quarter of this year. It notes that the number of solar panels it has collected over the last five years has more than quadrupled.
Enphase Energy, Octopus Energy announce UK partnership
Enphase Energy says that Octopus Energy’s retail customers will be able to integrate solar and battery systems into their energy plans in the UK market, with the introduction of Enphase IQ8 microinverters and the IQ battery 5P platform.
Vsun starts production at wafer facility in Vietnam
Japan-based solar manufacturer Vsun’s new facility produces n-type silicon wafers and is expected to be ready for full production by the end of the month.
EDF launches UK heat-pump tracker tariff
EDF says its heat-pump tracker tariff is the United Kingdom’s first, as it will never charge its customers more than the price cap, guaranteeing savings of at least GBP 164 ($202) per year. It says it is also offering a GBP 750 discount on new heat pump installations.
Large-scale solar, battery storage hybrid starts operations in South Africa
Norwegian PV developer Scatec ASA has switched on a hybrid solar and battery storage facility in the Northern Cape province of South Africa.
Oman’s solar transition roadmap
SolarPower Europe says in a new report on solar development in Oman that the nation will need to install a minimum of 13 GW of solar by 2030 to meet its ambitious net-zero targets.
Europe’s renewable PPA prices fell 5% in Q1
Energy consultancy LevelTen says that solar power purchase agreement (PPA) prices fell 5.9% in the first quarter of 2024, with decreases recorded in all analyzed countries except for Romania. It attributes the decline to lower wholesale electricity prices and a fall in solar module prices.
