After Actis-backed developer Rezolv Energy announced its acquisition of what it said will be Europe’s largest solar project earlier this month, PV Tech Premium caught up with Rezolv CEO Jim Campion to discuss the unique blend of power purchase agreements (PPAs) on offer, the rising appeal of the Romanian PV market, and the novel attempt to restore degraded agricultural lands on site.
Portugal's latest solar auction made headlines earlier this month as record-low negative bids were posted, with the results illustrating the value developers place on securing a grid connection and the strong potential they see in hybridising renewables assets.
The UK government has confirmed solar’s ability to participate in the country’s next renewables auction, which is expected to contract for up to 12GW of new capacity.
The levelised cost of electricity (LCOE) of solar in the UK could fall to just £28/MWh by 2040, according to new projections published by the country’s government.
Rome’s second CfD auction awards solar 19.4MW of total 500MW while Lisbon sets lower ceiling prices for new PV tender, set to launch one year after exercise that produced €14.76/MWh tariffs.
Project in Sardinia (5MW) emerges as sole PV winner of 500MW auction dominated by wind power (495MW) but industry representatives believe solar future is subsidy-free.
