Tag: solar energy

Enlight to acquire 525 MW of renewable project portfolio in Croatia

A 525 MW portfolio of renewable energy projects in Croatia will be purchased and jointly developed by Israel-based Enlight Renewable Energy for an undisclosed amount. The portfolio of renewable projects consists of a 139 MW wind project and four solar projects with a cumulative capacity of 386 MW. The projects are currently in various stages of development, and it is anticipated that construction work will start at the end of 2023 and run until 2025.

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EnBW acquires 800 MW of solar projects in Germany 

EnBW, a German utility, has agreed to purchase 400 MW of solar projects in Brandenburg from Procon Solar. EnBW has the option to acquire an additional 400 MW of capacity under the terms of the agreement. The contract will be completed in two stages and will involve solar projects at varying stages of development. In July 2022, advanced-stage projects with a capacity of approximately 400 MW will be transferred to EnBW.

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Crucial Components: Overview of the solar cables and connectors market

Cables and connectors form a crucial supporting network in the solar power generation set-up. Since such systems comprise a large number of electrical connections, they are also vulnerab­le to energy losses at contact points. To limit these losses, long-lasting and secure cable connections with low contact resistance are required. Meanwhile, connecto­rs are needed to facilitate and ease the installation process.

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Bright outlook for global solar – but regional challenges will affect the supply chain

The global solar industry continues to shine brightly. Global PV installations set records in 2021 and will continue to do so in 2022. And while supply chain challenges and elevated system pricing have created pressure for developers, manufacturing capacity expansion plans look set to provide some relief. However, the supply chain will have a close eye on evolving policy issues – such as the anti-circumvention investigation in the US and India’s expanded incentives for domestic manufacturing.

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China floats a tender for 11.25 GW of offshore solar projects in Shandong Province

The Shandong Provincial Energy Administration has issued a request for proposals for the development of ten offshore solar photovoltaic (PV) projects with a total capacity of 11.25 GW. Binzhou, Dongying, Weifang, Yantai, Weihai, Qingdao, and other areas around Shandong’s coast will be developed for the projects. The pile-based fixed offshore solar projects in Shandong will be allocated through market competition. The bid submission deadline is June 1, 2022.

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EWEC invites EoI for 1.5 GW of solar PV project in Abu Dhabi

The Emirates Water and Electricity Company (EWEC) of the United Arab Emirates (UAE) has invited developers to submit expressions of interest (EOIs) for a 1.5 GW solar photovoltaic (PV) project in Abu Dhabi. The Al Ajban Solar PV project would be built in the Ajban area of the Emirate of Abu Dhabi. The solar project will have the capacity to power nearly 160,000 homes across the UAE once it is operational, displacing more than 2.4 million tonnes of carbon dioxide each year.

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Lightsource bp plans to develop 1 GW of solar capacity in France

By 2026, Lightsource bp, a joint venture between Lightsource and bp, intends to develop 1 GW of solar power capacity in France.  To achieve this target, the company plans to build many large-scale ground-mount solar farms.  Under the agreement, Lightsource bp plans to engage in public tenders and provide companies with sustainable energy through power purchase agreements. 

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These US cities are producing the most solar energy

Many cities in the US enjoy an abundance of sunshine all year round, and according to a new report they are taking advantage of that. The eighth Shining Cities survey from Environment California’s Research & Policy Center shows that much of America is investing in solar energy. The amount of solar power installed in just nine US cities now exceeds the level in the whole of the country a decade ago, the report says.

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Easing Of Solar Equipment Imports Restriction To Alleviate Risks To India’s Solar Growth

In the short term, we expect downside risks to India’s solar capacity growth to alleviate as the government of India postpones restrictions on imported solar equipment use by six months. We maintain our solar capacity forecasts as India implements basic custom duties on imported solar modules and cells, increasing the costs of solar projects and curbing stronger growth, given that domestic manufacturing is still unable to replace import quantities.

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Greenbacker acquires three solar projects totaling 50 MWac in New York

Greenbacker Renewable Energy Company LLC (GREC), a leading owner and operator of sustainable infrastructure and energy efficiency projects, announced that, through a wholly owned subsidiary, it has purchased three pre-operational, utility-scale solar projects in New York from Hecate Energy LLC (Hecate). Each comes with a long-term contract with an investment-grade offtaker.

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Galp acquires 4.8 GW of renewable energy projects in Brazil

Galp, a multinational energy corporation headquartered in Portugal, has agreed to purchase 4.8 GW of solar and wind energy projects in Brazil from SER Energia and Casa dos Ventos. The agreement with SER Energia, a Brazilian solar designer, encompasses the purchase of 4.6 GWp of projects currently under construction in Brazil. Galp will acquire a group of 216 MW wind farms being developed in Brazil’s north-east region with Casa dos Ventos.

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Origin Energy acquires Yarrabee solar facility in New South Wales

Origin Energy, a leading Australian integrated energy company, has announced the purchase of the Yarrabee Solar Farm in New South Wales (NSW). The first phase of the solar complex, which will be located in NSW’s Riverina district, is expected to have a capacity of 450 MW. Under the planning approval granted by the NSW government in December 2018, this could be upgraded to up to 900 MW.

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