Europe records 24 PPA deals for 1.1 GW of solar in February
Investors and developers in Europe signed 24 power purchase agreements (PPAs) for 1.1 GW of solar in February, making it a “month to remember,” according to Swiss consultancy Pexapark.
Portugal’s largest PV project falls under scrutiny
The Portuguese authorities are now reviewing the environmental authorization granted to a 1.2 GW PV project under development by Prosolia and Iberdrola. The massive Fernando Pessoa solar facility will be built in Santiago do Cacém, about 200 kilometers south of Lisbon.
Spain’s installations of new PV systems hits 5.59 GW in 2023
Spain’s cumulative installed PV capacity surpassed 25.54 GW at the end of December 2023, on 5.59 GW of new solar installations for the full year.
Solarpack closes financing on 300 MW of solar under PPA in Peru
Solarpack has closed financing for a 300 MW solar project in Peru, marking the country’s first solar farm to sell power through a bilateral power purchase agreement (PPA).
Engie turns on Latin America’s largest storage battery
Engie has deployed a 139 MW/638 MWh battery in northern Chile. The storage project is connected to the 181.2 MW Coya solar plant in the Antofagasta region.
Endesa switches on 1.1 MW/ 5.5 MWh redox flow battery in Spain
Spanish utility Endesa has activated a 1.1 MW/5.5 MWh redox flow battery in Spain. It says it is the vanadium redox flow storage system connected to a PV plant in Europe. It is situated near Mallorca, in the Balearic Islands.
French startup offers solar aerothermal system for space heating
Solar Brother, a French startup, has developed a solar aerothermal system for space heating. The system incorporates a PV panel, an aerothermal heat pump module, and cassette filtration, enabling homeowners to save on heating.
Austrian startup launches portable containerized PV system
Solarcont has developed a portable, containerized PV system featuring 240 solar modules on a folding system for easy removal and storage.
Power Electronics plans 20 GW inverter factory in US
Spanish inverter manufacturer Power Electronics has an annual inverter production capacity of 30 GW, but it now plans to build a new 20 GW manufacturing facility in the United States.
Energy communities more profitable than individual self-consumption in Italy, Portugal
Researchers behind a techno-economic analysis of energy communities in Italy and Portugal say that collective self-consumption is a more lucrative solution than individual installations.
