Global installed PV capacity passes 1.18TW – IEA
The cumulative capacity of installed and commissioned PV increased by more than 25% last year, and reached about 1.2TW by the end of 2022.
China’s solar exports up 64% in 2022, will continue to dominate global PV manufacturing
China’s solar exports have continued to grow as demand from global consumers and developers increased, while its dominance in PV manufacturing will likely continue, according to Wood Mackenzie’s recent study.
Lightrock Power secures permit for wildlife-friendly solar farm
Lightrock Power has secured planning permission for a solar plant in East Devon, after receival approval from the District Council’s planning committee.
AIB to source renewable energy from NTR-owned solar farms
Banking firm AIB has signed a corporate power purchase agreement (CPPA) with NTR to source energy from two solar farms set to be constructed in County Wexford, Ireland.
Germany’s PNE eyes 8GW PV pipeline by 2027
German renewables developer Pure New Energy (PNE) intends to scale up to an 8GW solar PV pipeline in the next five years.
Bridging the gap of offshore solar from R&D to commercialisation
Oceans of Energy has been working for the past four years in bringing offshore solar from R&D to commercialisation and scalability.
Review of BMV land extension hampering rollout of solar set to continue
Despite leadership changes, the Department for Environment Food and Rural Affairs (Defra) is still intending to review land use categories with regards to solar development, it has confirmed.
Low Carbon to develop over 75MW of solar via new finance facility
Global renewable company Low Carbon is set to develop a combined solar capacity of over 75MW across three sites after securing financing from NatWest, Lloyds Bank and AIB.
Poland’s Lewandpol Group gets loan to build large solar and wind energy park
Polish renewable energy investor Lewandpol Group has secured a loan agreement worth zł 90 million (US$20.7 million) for a 200MW solar and wind energy project in the country.
European solar PPA prices reach new high of €76.84 in Q4 2022, up 60% year over year – LevelTen
High development costs and an unstable regulatory environment have increased average solar power purchase agreement (PPA) prices in Europe to a new high of €76.84 (US$82.4)/MWh in Q4 2022.
