Namibian utility secures financing for 100 MW of solar
Namibia Power Corp. (NamPower) has secured a loan from German state-owned development bank KfW to expand the planned Rosh Pinah project in Namibia from 70 MW to 100 MW. The NAD 1.3 billion ($72.6 million) loan will cover 80% of the solar project’s costs.
Romania launches 1.5 GW renewables auction
The Romanian authorities plan to allocate 1 GW of wind capacity and 500 MW of solar through the country’s first procurement exercise. The Romanian Ministry of Energy has set a maximum strike price of €91 ($100.7)/MWh for solar projects and €93/MWh for wind projects.
Actis invests in 3.5 GW/4.5 GWh of solar-plus-storage in Philippines
Private equity investor Actis has become a strategic partner in a 3.5 GW/4.5 GWh solar-plus-storage project in the Philippines. The project is poised to become the world’s largest integrated renewables and energy storage installation upon completion. Actis is investing $600 million for a 40% equity stake.
Australian authorities approve 600 MW/1,200 MWh of solar-plus-storage
The Australian federal government has approved a 600 MW/1,200 MWh solar farm and battery energy storage system in the state of New South Wales.
Citroën lightweight compact EV equipped with solar kits
La Croisière Verte is the name of a 13,500 km expedition from the north to south of Africa in a fleet of four Citroën AMI vehicles, each carrying 5,600 W of lightweight PV panels in foldable packs.
US startup offers AI-based software solution to predict component failure in utility-scale inverters
Infinrel says its Energy Kardio Graph solution can sample small electrical perturbations on the input and output of the inverter at MHz scale and enable insight into the actual operation of the inverter on its switching cycle basis.
French authorities approve 450 MW agrivoltaic project
French developer Green Lighthouse Développement says the French authorities have approved its 450 MW agrivoltaic project on 200 hectares of agricultural land in southwestern France.
Sunny end to summer boosts solar in most of Europe
In a new weekly update for pv magazine, Solcast, a DNV company, reports that atmospheric pattern resulted in higher than average irradiance from the UK to Poland, with solar generation records broken across several regions. However, northern areas like Norway and Scotland saw significantly less sunlight due to wet weather driven by an Icelandic low pressure system. Meanwhile, Italy and Greece, as well as the African Mediterranean coast experienced normal to slightly below-average irradiance, despite enduring record-breaking heatwaves.
Spanish companies to collaborate on 49 MW of solar in Portugal
BNZ, a Barcelona-based independent power producer (IPP), has announced a 49 MW solar project in northern Portugal in partnership with GRS, a Madrid-based solar engineering, procurement and construction (EPC) contractor.
Argentina raises self-consumption limit under net metering to 12 MW
Argentina’s Secretariat of Energy has increased the self-consumption limit under net metering from 2 MW to 12 MW to expand the country’s renewable energy capacity.
