Renewables developer Q Energy has closed €50.4 million ($55.7 million) in financing for a 74.3 MW floating solar plant in northeastern France. Construction is already underway, with commissioning planned for the first quarter of next year.
The U.S. Bureau of Land Management (BLM) said the plan intentionally drives development closer to transmission lines or on previously disturbed lands to avoid protected lands, sensitive cultural resources and important wildlife habitat.
Rabot Charge, a German renewable energy supplier, says the average spot electricity price in August rose slightly from July to €0.082 ($0.09)/kWh. The increase was due to a slightly below-average share of renewable sources in grid electricity.
Oxford PV is delivering its first commercial perovskite solar modules to US customers. The 72-cell solar modules have an efficiency of 24.5% and, according to the company, can generate up to 20% more energy than conventional silicon modules.
German PV project developer Fellensiek Projektmanagement GmbH & Co. KG has filed for insolvency due to claims from an unnamed investor. However, the company’s 20 project entities remain unaffected, and buyers are being sought for their sale.
Trade body Italia Solare has processed data from electricity transmission system operator (TSO) Terna which shows standalone storage is the biggest new market development.
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.
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.
JA Solar has reported a net loss of CNY 874 million ($123.3 million) for the first half of 2024, while Tongwei posted a loss of CNY 3.13 billion. TCL Zhonghuan and GCL Technology also recorded losses of CNY 3.06 billion and CNY 1.48 billion, respectively.
Researchers in Spain have made a comparative analysis of annual PV-powered hydrogen production for direct and indirect configurations and have found that indirect systems not only produce more hydrogen but also that they show higher resilience to module power losses.
Morrow Batteries has opened Europe's first lithium iron phosphate (LFP) gigafactory in Arendal, Norway, with an annual capacity of 1 GWh.
Nofar Energy has obtained €110 million ($122.5 million) in financing from the European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International to build two solar projects in Romania with a combined capacity of 300 MW.
The authorities in the Australian state of Victoria have launched a plan to add at least 6.3 GW of rooftop solar, 1.2 GW of large distributed solar up to 30 MW, and 3 GW of utility-scale solar within the next decade.
General Motors says it has signed a 15-year power purchase agreement (PPA) to meet the power needs of an assembly plant with 180 MW of solar capacity.
The latest report from the International Energy Agency Photovoltaic Power Systems Programme (IEA-PVPS) says that building-integrated photovoltaics (BIPV) could be key to help decarbonize cities in the Netherlands, but it warns that the needs of the solar and construction sector must be bridged.