Winning bidders from Portugal’s solar auctions will have their tariffs increased in line with inflation as the government aims to ensure the projects remain economically viable.
The European Commission (EC) has unveiled new rules to facilitate EU countries’ investments in renewables and help them reach their clean energy targets.
In order to align with its net zero target, solar capacity in the UK needs to treble to 40GW by 2030, according to a new report from Solar Energy UK this week.
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.
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.
JP Morgan’s majority-owned multinational independent power producer (IPP) Sonnedix has brought online a 38.7MW PV plant in southern Japan, while an analyst has said the country’s solar industry continues to target cost reductions to bring it in line with global levelised cost of energy (LCOE) figures.
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.
Solar Media's Editor in Chief Liam Stoker reflects on Boris Johnson’s victory and examines what the returning PM will have to do for the climate and energy sectors.
