Author: solarenergy
Swiss consultancy Pexapark says European developers signed 13 power purchase agreements (PPAs) in August for a total of 460.4 MW, a decline of 62% month on month in terms of capacity. It represents the lowest monthly PPA volume since August 2023. September 25, 2024 Patrick JowettEuropean developers signed 13 PPAs for 460.4 MW in August, according to the latest report from Pexapark.The result is a volume decrease of 62% compared to July. The Swiss consultancy said this is the lowest monthly PPA capacity total since August 2023, with 318 MW across 10 deals, and “thus in line with similar patterns…
The deal follows Octopus buying a 24% stake two years ago. Image: Octopus energy Exagen Group, a major player in the UK solar and energy storage sector, has received a full acquisition of UK energy titan Octopus Energy Generation. The 100% share buyout, which was carried out on behalf of the Octopus Energy Development Partnership (OEDP) fund, managed by Octopus, follows an investment by Octopus in August 2022 in exchange for a 24% stake in the company. Octopus Energy Generation will now fully own Exagen’s development pipeline, which consists of more than 2.4 GW of solar and battery energy storage…
Array Technologies says it has developed a 77-degree solar tracker designed to protect solar energy from hail and high winds by responding to severe weather conditions. September 25, 2024 Ryan Kennedy Array Technologies single axis tracker with bifacial PV modulesImage: Array TechnologiesBy pv magazine USAArray Technologies, a provider of utility-scale PV trackers, said at the RE+ solar industry conference in September that it is developing a new solar tracker with a 77-degree tilt capability.The tracker is designed to tilt panels up to 77 degrees and protects them against hail and heavy wind damage during severe weather conditions.“Due to the increasing…
The site will combine 15MW of solar energy and BESS with a wind development. Image: ScottishPower Renewables. ScottishPower Renewables has been granted full planning permission for its Hollandmey energy project, which will combine solar, energy storage and wind power on a single site in Caithness, Scotland. The project, which will be located just eight kilometers south of John o’ Groats, will house ten wind turbines with a total capacity of 50 MW, plus a 15 MW solar project and a 15 MW battery energy storage system (BESS). To deliver biodiversity benefits to the area, the developers will restore 168 hectares…
PowerChina has switched on a 100 MW solar tower in South Africa. The concentrated solar power (CSP) project will supply 480 GWh of clean energy to the country’s electricity grid every year. The system’s molten salt storage allows 12 hours of operation at full load. September 25, 2024 Lior Kahana Redstone ProjectImage: PowerChina PowerChina said the 100 MW Redstone CSP plant in South Africa has achieved grid connection. The project will supply 480 GWh of clean energy per year to South African utility Eskom under a 20-year power purchase agreement (PPA).“The project uses advanced molten salt storage technology in a…
4.8 MW community solar project in Frankfort, NY (Photo: Business Wire) Catalyze has launched a 4.8 MW community solar project in Frankfort, NY The company tapped New York’s Inclusive Community Solar Adder, which aims to increase access to community solar in underserved communities, to complete the installation. The site has been developed on a designated brownfield site, owned by Human Technologies. The company recently converted a former landfill in Lancaster, NY, into two operational solar sites. “We have had great success in New York, both in deploying renewable energy to help meet climate goals and…
The Germany-based consultancy has presented a new online tool for tracking, pricing and analyzing renewable energy purchase agreements (PPAs). It is aimed at both buyers and sellers of renewable energy. September 25, 2024 Valerie ThompsonSynertics, a consulting and pricing research publisher based in Germany, has launched a new online tool for tracking, pricing and evaluating renewable energy purchase agreements (PPAs).Aimed at both buyers and suppliers of renewable energy, it provides ‘transparent and comprehensive’ price breakdowns and revenue risk analysis support to evaluate PPAs and define hedging strategies. Users can identify both risks and opportunities that often arise during PPA transactions,…
Learning to play together announced the launch of two new Academy programs, Clean Energy and Solar. Additionally, Interplay’s AI-powered teaching assistant SAM is now available in the Interplay Academy to provide support and guidance to students studying online. These new capabilities will help leaders in education and workforce development expand their offerings and leverage AI to enhance the learning experience. Building on the success of Interplay’s existing trade programs, the Clean Energy and Solar Academies offer a wide range of courses to prepare students for entry-level jobs in these fast-growing fields. According to one analysis According to Lightcast and WorkingNation,…
The latest radiation sensor solution from Japan-based EKO Instruments provides continuous measurements in the field. It is well suited for bifacial PV systems and supports the measurement of global horizontal irradiance, diffuse horizontal irradiance and direct normal irradiance, even in reflective and cloudy conditions. September 25, 2024 Valerie ThompsonJapanese scientific equipment company EKO Instruments has introduced a new pyranometer solution called MS-80SH Plus+ to enable in-situ continuous radiation measurements, with functionality that makes it suitable for bifacial PV installations.“The unique ability to continuously measure diffuse irradiance, especially in dynamic weather conditions, is crucial for bifacial modules, which benefit from light…
China’s National Energy Administration (NEA) says the country’s cumulative installed solar capacity reached 750 GW in August, up from 139.99 GW of new capacity additions in the first eight months of 2024. September 24, 2024 Vincent Shaw and Valerie Thompson The NEA said China’s cumulative installed solar capacity reached 750 GW in August 2024, with 139.99 GW added in the first eight months of 2024, including 16.46 GW in August alone. Total energy generation from all energy sources amounted to 3.13 TW, an increase of 14% year on year. Wind capacity grew by 19.9% compared to the previous year to…