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--smush-placeholder-aspect-ratio: 1080/675;" /><noscript><img src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-22T162352.815-1080x675.png?crop=1" alt="60GW solar target could cut UK energy costs, says Solar Energy UK" class="" width="1080" height="675" srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-22T162352.815-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-22T162352.815-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-22T162352.815-480x296.png 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" /></noscript> </a> <h2 class="entry-title"><a href="https://solarstoragextra.com/60gw-solar-target-could-cut-uk-energy-costs-says-solar-energy-uk/">60GW solar target could cut UK energy costs, says Solar Energy UK</a></h2> <p class="post-meta"> by <span class="author vcard"><a href="https://solarstoragextra.com/author/catie-owenterrapinn-com/" title="Posts by Catie Owen" rel="author">Catie Owen</a></span> | <span class="published">Nov 22, 2024</span> | <a href="https://solarstoragextra.com/category/large-scale-utility-solar/" rel="category tag">Large Scale Utility Solar</a></p><p><a href="https://solarstoragextra.com/solar-energy-uk-welcomes-planning-rule-changes-for-solar-projects/">Solar Energy UK</a> has released an analysis suggesting that increasing the UK’s solar capacity to 60GW by 2030 could significantly reduce electricity costs.</p> <p>Research by the Durham University Energy Institute indicates this target would lower energy costs by 12% compared to the 47.4GW proposed in the National Energy System Operator’s (NESO) Clean Power Plan.</p> <p>Using a “digital twin” model of the UK power grid, the study also highlights that expanding battery energy storage systems (BESS) could further support clean energy goals and reduce costs.</p> <p>Solar Energy UK argues NESO’s projections are outdated, noting NESO estimates 15.1GW of current solar capacity, while the actual figure is closer to 20GW.</p> <p>The group also points out NESO overlooks government initiatives such as the Public Sector Decarbonisation Fund and Future Homes Standard, which aim to boost rooftop solar installations.</p> <p>Assuming smoother planning approvals and successful solar farm developments, Solar Energy UK forecasts nearly 59.6GW of solar capacity by 2030—50% higher than NESO’s projections.</p> <p>This growth could reduce energy costs to 11.7p/kWh, compared to 12.6p/kWh and 13.3p/kWh in NESO scenarios.</p> <p>“Solar and batteries can be built very quickly and offer the government a huge opportunity to accelerate clean power delivery,” said Chris Hewett, CEO of Solar Energy UK.</p> <p>“Setting a goal to treble solar to 60GW will provide the lowest-cost home-grown energy and thousands of secure jobs.”</p> <p>Hewett called on the government to adopt updated deployment estimates. “We ask the government to reject NESO’s figures, setting a target range of 50-60GW in the Clean Power Plan, and ensure grid connection reforms don’t jeopardise solar projects or rooftop solar growth,” he added.</p> </article> <article id="post-4347" class="et_pb_post post-4347 post type-post status-publish format-standard has-post-thumbnail hentry category-large-scale-utility-solar tag-bess tag-india"> <a class="entry-featured-image-url" href="https://solarstoragextra.com/indias-solar-capacity-to-hit-250-gw-by-2026/"> <img data-src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-20T115952.418-1080x675.png?crop=1" alt="India’s solar capacity to hit 250 GW by 2026" width="1080" height="675" data-srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-20T115952.418-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-20T115952.418-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-20T115952.418-480x296.png 480w" data-sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" style="--smush-placeholder-width: 1080px; --smush-placeholder-aspect-ratio: 1080/675;" /><noscript><img src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-20T115952.418-1080x675.png?crop=1" alt="India’s solar capacity to hit 250 GW by 2026" class="" width="1080" height="675" srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-20T115952.418-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-20T115952.418-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-20T115952.418-480x296.png 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" /></noscript> </a> <h2 class="entry-title"><a href="https://solarstoragextra.com/indias-solar-capacity-to-hit-250-gw-by-2026/">India’s solar capacity to hit 250 GW by 2026</a></h2> <p class="post-meta"> by <span class="author vcard"><a href="https://solarstoragextra.com/author/catie-owenterrapinn-com/" title="Posts by Catie Owen" rel="author">Catie Owen</a></span> | <span class="published">Nov 20, 2024</span> | <a href="https://solarstoragextra.com/category/large-scale-utility-solar/" rel="category tag">Large Scale Utility Solar</a></p><p><a href="https://solarstoragextra.com/indias-pv-module-exports-surge-in-2024-led-by-us-demand/">India’s solar energy capacity</a> is projected to reach 250 GW by March 2026, up from 201 GW in September 2024, according to Indian credit rating agency ICRA.</p> <p>This growth is supported by an 80 GW project pipeline and improved tendering activity in 2024.</p> <p>Solar energy will play a key role, with capacity expected to rise from 91 GW in September 2024 to 132 GW by March 2026, driven by annual additions of 22 GW in 2025 and 27.5 GW in 2026.</p> <p>“Strong project pipelines and favourable solar module prices will drive renewable capacity additions, particularly ahead of the June 2025 end of inter-state transmission waivers,” said Girishkumar Kadam, Senior Vice President at ICRA.</p> <p>However, challenges such as delays in land acquisition and transmission connectivity may hinder progress.</p> <p>India’s renewable and large hydro energy share in electricity generation is expected to rise from 21% in 2024 to over 35% by 2030. To integrate this growth, ICRA estimates the country will need 50 GW of energy storage by 2030, supported by battery energy storage and pumped hydro projects.</p> <p>Kadam noted a decline in battery prices has significantly reduced tariffs for battery energy storage systems (BESS) over the past eight months, boosting adoption.</p> <p>To address intermittency issues, central agencies are prioritising renewable energy projects offering round-the-clock, dispatchable power, often through hybrids with storage.</p> <p>Auctions for nearly 14 GW of projects have been completed, with competitive tariffs ranging from INR 4.0 to INR 5.0 per kWh, compared to over INR 6.0 per kWh for coal-based power.</p> <p>These hybrid projects may also generate surplus power for merchant markets due to their oversizing, ICRA stated.</p> </article> <article id="post-4342" class="et_pb_post post-4342 post type-post status-publish format-standard has-post-thumbnail hentry category-large-scale-utility-solar tag-solar-usa"> <a class="entry-featured-image-url" href="https://solarstoragextra.com/apple-river-solar-project-begins-construction-in-wisconsin/"> <img data-src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-20T114646.740-1080x675.png?crop=1" alt="Apple River solar project begins construction in Wisconsin" width="1080" height="675" data-srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-20T114646.740-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-20T114646.740-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-20T114646.740-480x296.png 480w" data-sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" style="--smush-placeholder-width: 1080px; --smush-placeholder-aspect-ratio: 1080/675;" /><noscript><img src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-20T114646.740-1080x675.png?crop=1" alt="Apple River solar project begins construction in Wisconsin" class="" width="1080" height="675" srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-20T114646.740-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-20T114646.740-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-20T114646.740-480x296.png 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" /></noscript> </a> <h2 class="entry-title"><a href="https://solarstoragextra.com/apple-river-solar-project-begins-construction-in-wisconsin/">Apple River solar project begins construction in Wisconsin</a></h2> <p class="post-meta"> by <span class="author vcard"><a href="https://solarstoragextra.com/author/catie-owenterrapinn-com/" title="Posts by Catie Owen" rel="author">Catie Owen</a></span> | <span class="published">Nov 20, 2024</span> | <a href="https://solarstoragextra.com/category/large-scale-utility-solar/" rel="category tag">Large Scale Utility Solar</a></p><p>National Grid Renewables has broken ground on the 100 MW Apple River Solar Project in <a href="https://solarstoragextra.com/solar-stocks-soar-after-usa-election-debate/">Wisconsin, US.</a></p> <p>Expected to become operational in late 2025, the project will provide enough renewable energy to power approximately 26,000 homes annually.</p> <p>It is estimated to offset 129,900 metric tons of carbon dioxide emissions per year, equivalent to removing 30,900 cars from the road.</p> <p>The project, constructed by The Boldt Company, will create 150 construction and service jobs and use First Solar Series 6 Plus bifacial modules.</p> <p>Over its first 20 years, Apple River is projected to generate more than $36 million in local economic benefits, including $10 million in tax revenue for Polk County and nearby townships.</p> <p>“We are excited to see this project begin as it underscores our dedication to delivering clean, reliable, and affordable energy to our customers,” said Karl Hoesly, President of Xcel Energy-Wisconsin and Michigan.</p> <p>Xcel Energy will use the power generated by Apple River to serve customers across the Upper Midwest.</p> <p>Boldt Vice President Mark Osten describes the pride in contributing to Wisconsin’s renewable energy development, while Darin Green of First Solar highlights the importance of using American-made solar technology to support sustainable energy efforts in the Midwest.</p> <p>In addition to economic benefits, National Grid Renewables has committed $500,000 to local charities and organisations through a charitable fund unique to its projects.</p> <p>“These funds demonstrate our commitment to being a good neighbour within the communities where we operate,” the company explains.</p> </article> <article id="post-4338" class="et_pb_post post-4338 post type-post status-publish format-standard has-post-thumbnail hentry category-large-scale-utility-solar category-storage tag-australia tag-storage"> <a class="entry-featured-image-url" href="https://solarstoragextra.com/victoria-unveils-370m-state-owned-solar-and-bess-project/"> <img data-src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-20T110706.814-1080x675.png?crop=1" alt="Victoria unveils $370m state-owned solar and BESS project" width="1080" height="675" data-srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-20T110706.814-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-20T110706.814-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-20T110706.814-480x296.png 480w" data-sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" style="--smush-placeholder-width: 1080px; --smush-placeholder-aspect-ratio: 1080/675;" /><noscript><img src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-20T110706.814-1080x675.png?crop=1" alt="Victoria unveils $370m state-owned solar and BESS project" class="" width="1080" height="675" srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-20T110706.814-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-20T110706.814-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-20T110706.814-480x296.png 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" /></noscript> </a> <h2 class="entry-title"><a href="https://solarstoragextra.com/victoria-unveils-370m-state-owned-solar-and-bess-project/">Victoria unveils $370m state-owned solar and BESS project</a></h2> <p class="post-meta"> by <span class="author vcard"><a href="https://solarstoragextra.com/author/catie-owenterrapinn-com/" title="Posts by Catie Owen" rel="author">Catie Owen</a></span> | <span class="published">Nov 20, 2024</span> | <a href="https://solarstoragextra.com/category/large-scale-utility-solar/" rel="category tag">Large Scale Utility Solar</a>, <a href="https://solarstoragextra.com/category/storage/" rel="category tag">Storage</a></p><p>The Victorian government of Australia has announced a $370m investment to construct a large-scale <a href="https://solarstoragextra.com/australian-gold-mine-powered-with-solar-and-bess/">solar and BESS farm</a> capable of powering over 50,000 homes.</p> <p>Premier Jacinta Allan revealed the project, named the SEC Renewable Energy Park, in Horsham, western Victoria. It marks the first state-owned energy initiative since the electricity grid was privatised in the 1990s.</p> <p>The project will feature a 119 MW solar farm and a 100 MW two-hour battery near Horsham’s substation and transmission lines.</p> <p>Originally secured at a government renewable energy auction in 2022, the contract was later taken over by the State Electricity Commission (SEC), which added the battery component.</p> <p>Expected to generate 242,000 MWh annually from 2027, the park will operate for 30 years. “That can support 51,000 homes – roughly five times the size of Horsham,” Allan said.</p> <p>The SEC will retain full ownership, ensuring all profits are reinvested into renewable energy projects. A community fund will also allocate $70,000 annually to Horsham once the project becomes operational.</p> <p>Energy Minister Lily D’Ambrosio highlighted the SEC’s broader mission, which includes a $1bn investment to deliver 4.5 GW of renewable energy, offsetting the planned 2035 closure of the coal-fired Loy Yang A power station.</p> <p>The SEC’s first project was a $245m investment in a battery farm in Melbourne.</p> <p>However, opposition leaders questioned the project’s ability to reduce electricity costs. Deputy Liberal leader David Southwick criticised the government for lacking a clear strategy to lower prices during a cost-of-living crisis.</p> </article> <article id="post-4315" class="et_pb_post post-4315 post type-post status-publish format-standard has-post-thumbnail hentry category-large-scale-utility-solar tag-europe"> <a class="entry-featured-image-url" href="https://solarstoragextra.com/eib-group-european-commission-and-solar-foundation-initative-to-support-smes/"> <img data-src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-19T104714.816-1080x675.png?crop=1" alt="EIB Group, European Commission, and Solar foundation initative to support SMEs" width="1080" height="675" data-srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-19T104714.816-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-19T104714.816-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-19T104714.816-480x296.png 480w" data-sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" style="--smush-placeholder-width: 1080px; --smush-placeholder-aspect-ratio: 1080/675;" /><noscript><img src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-19T104714.816-1080x675.png?crop=1" alt="EIB Group, European Commission, and Solar foundation initative to support SMEs" class="" width="1080" height="675" srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-19T104714.816-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-19T104714.816-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-19T104714.816-480x296.png 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" /></noscript> </a> <h2 class="entry-title"><a href="https://solarstoragextra.com/eib-group-european-commission-and-solar-foundation-initative-to-support-smes/">EIB Group, European Commission, and Solar foundation initative to support SMEs</a></h2> <p class="post-meta"> by <span class="author vcard"><a href="https://solarstoragextra.com/author/catie-owenterrapinn-com/" title="Posts by Catie Owen" rel="author">Catie Owen</a></span> | <span class="published">Nov 19, 2024</span> | <a href="https://solarstoragextra.com/category/large-scale-utility-solar/" rel="category tag">Large Scale Utility Solar</a></p><p><a href="https://solarstoragextra.com/eib-and-ebrd-to-fund-croatias-largest-solar-plant/">The European Investment Bank Group (EIBG)</a>, the European Commission (EC), and the Solar Impulse Foundation (SIF) have launched a pilot initiative aimed at increasing energy efficiency investments for small and mid-sized enterprises (SMEs).</p> <p>This initiative aligns with the EIB Group Strategic Roadmap 2024-2027, supporting sustainable development and economic resilience across Europe.</p> <p>The program targets the EU’s binding goal of reducing energy consumption by 11.7% by 2030, contributing to the global ambition of doubling energy efficiency.</p> <p>These efforts could cut energy costs by 30% and halve energy-related CO2 emissions. However, barriers such as high upfront costs and limited resources among SMEs slow the adoption of energy-efficient technologies.</p> <p>Developed through market testing with fund managers, the initiative aims to attract investment platforms and funds.</p> <p>It incorporates a “servitisation” model, enabling businesses to pay for energy outcomes—such as lighting or heating—rather than purchasing equipment outright. This approach minimises initial costs, making energy efficiency measures more accessible.</p> <p>“Studies show that small and medium-sized businesses find it much harder to invest in energy efficiency than large companies,” said EIB Vice President Ambroise Fayolle.</p> <p>“At the same time, SMEs generate about 60% of Europe’s emissions. Our initiative will support energy efficiency measures, contributing to a sustainable future.”</p> <p>SIF, known for its “Solar Impulse Efficient Solution” label and its portfolio of over 1,600 clean technologies, will provide expertise and resources.</p> <p>Bertrand Piccard, SIF Chairman, stated: “By introducing ‘efficiency-as-a-service’ models, we’re breaking financial barriers and accelerating the adoption of energy-efficient technologies.”</p> <p>The EC supports the initiative through its InvestEU program. Ditte Juul Jørgensen, the Commission’s Director General for Energy, emphasised its importance in achieving climate goals and improving industrial competitiveness.</p> </article> <article id="post-4311" class="et_pb_post post-4311 post type-post status-publish format-standard has-post-thumbnail hentry category-large-scale-utility-solar tag-masdar tag-uae"> <a class="entry-featured-image-url" href="https://solarstoragextra.com/masdar-and-socar-close-on-azerbaijan-solar-projects/"> <img data-src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-18T133406.702-1080x675.png?crop=1" alt="Masdar and SOCAR close on Azerbaijan solar projects" width="1080" height="675" data-srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-18T133406.702-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-18T133406.702-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-18T133406.702-480x296.png 480w" data-sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" style="--smush-placeholder-width: 1080px; --smush-placeholder-aspect-ratio: 1080/675;" /><noscript><img src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-18T133406.702-1080x675.png?crop=1" alt="Masdar and SOCAR close on Azerbaijan solar projects" class="" width="1080" height="675" srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-18T133406.702-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-18T133406.702-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-18T133406.702-480x296.png 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" /></noscript> </a> <h2 class="entry-title"><a href="https://solarstoragextra.com/masdar-and-socar-close-on-azerbaijan-solar-projects/">Masdar and SOCAR close on Azerbaijan solar projects</a></h2> <p class="post-meta"> by <span class="author vcard"><a href="https://solarstoragextra.com/author/catie-owenterrapinn-com/" title="Posts by Catie Owen" rel="author">Catie Owen</a></span> | <span class="published">Nov 18, 2024</span> | <a href="https://solarstoragextra.com/category/large-scale-utility-solar/" rel="category tag">Large Scale Utility Solar</a></p><p>In the background of COP29, Abu Dhabi Future Energy Company PJSC (<a href="https://solarstoragextra.com/masdar-sarawak-energy-and-gentari-to-assess-floating-solar-project-in-malaysia/">Masdar</a>) and SOCAR Green have finalised financial agreements for two solar projects in Azerbaijan: the 445 MW Bilasuvar and 315 MW Neftchala plants.</p> <p>The European Bank for Reconstruction and Development (EBRD), the Asian Development Bank (ADB), and the Asian Infrastructure and Investment Bank (AIIB) are financing the projects, with a total cost exceeding $600m.</p> <p>The agreements were formalised during COP29 in Baku, witnessed by key officials, including Azerbaijan’s Minister of Energy, H.E. Parviz Shahbazov, and representatives from Masdar, SOCAR, and the financing institutions.</p> <p>Construction of the solar plants, which began in June 2024 during Baku Energy Week, is expected to conclude by the first quarter of 2027.</p> <p>Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Chairman of Masdar, says: “Long-term investments and partnerships are the driving force for unlocking vital climate finance and new clean energy capacity.</p> <p>“This agreement underscores our dedication to driving low-carbon socio-economic progress and achieving the UAE Consensus goal of tripling renewable energy capacity by 2030.”</p> <p>Parviz Shahbazov highlights the significance of the milestone, adding: “Reaching financial close for the 760 MW solar power plants marks a significant milestone in achieving Azerbaijan’s renewable energy sector goals.</p> <p>“These plants will play a crucial role in accelerating our energy transition.”</p> <p>Furthermore, Masdar CEO Mohamed Jameel Al Ramahi notes Azerbaijan as a “key strategic market,” expressing commitment to its clean energy targets.</p> </article> <article id="post-4302" class="et_pb_post post-4302 post type-post status-publish format-standard has-post-thumbnail hentry category-large-scale-utility-solar tag-cop29 tag-fossil-fuels"> <a class="entry-featured-image-url" href="https://solarstoragextra.com/oil-and-gas-majors-pledge-500m-for-renewable-energy-access/"> <img data-src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-18T131205.929-1080x675.png?crop=1" alt="Oil and gas majors pledge $500m for renewable energy access" width="1080" height="675" data-srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-18T131205.929-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-18T131205.929-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-18T131205.929-480x296.png 480w" data-sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" style="--smush-placeholder-width: 1080px; --smush-placeholder-aspect-ratio: 1080/675;" /><noscript><img src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-18T131205.929-1080x675.png?crop=1" alt="Oil and gas majors pledge $500m for renewable energy access" class="" width="1080" height="675" srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-18T131205.929-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-18T131205.929-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-18T131205.929-480x296.png 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" /></noscript> </a> <h2 class="entry-title"><a href="https://solarstoragextra.com/oil-and-gas-majors-pledge-500m-for-renewable-energy-access/">Oil and gas majors pledge $500m for renewable energy access</a></h2> <p class="post-meta"> by <span class="author vcard"><a href="https://solarstoragextra.com/author/catie-owenterrapinn-com/" title="Posts by Catie Owen" rel="author">Catie Owen</a></span> | <span class="published">Nov 18, 2024</span> | <a href="https://solarstoragextra.com/category/large-scale-utility-solar/" rel="category tag">Large Scale Utility Solar</a></p><p>TotalEnergies, BP, Shell, and Equinor have pledged $500m to enhance access to affordable energy, focusing on sub-Saharan Africa and South and Southeast Asia.</p> <p>The investment, announced during the COP29 climate summit in Azerbaijan, represents 0.7% of the $70 billion <a href="https://solarstoragextra.com/data-shows-that-solar-is-outcompeting-oil-and-gas/">net profit the four oil majors collectively earned in 2023</a>.</p> <p>The funds, managed by an unnamed private equity firm, will support projects across the energy value chain, including domestic solar systems, micro-electricity grids, energy production, logistics, e-mobility, and modern cooking fuels such as liquefied petroleum gas (LPG).</p> <p>These initiatives address energy access gaps in regions where millions lack reliable infrastructure.</p> <p>“It is early days, but we hope that by jointly investing, we will be able to contribute to wider efforts to tackle the very real challenge of access to energy,” said BP CEO Murray Auchincloss.</p> <p>The International Energy Agency estimates over 2.3 billion people still rely on traditional stoves to burn wood, charcoal, or animal dung, contributing to severe health risks.</p> <p>The companies aim to mitigate these issues by expanding access to cleaner and more sustainable energy solutions.</p> <p>The $500 million pledge will be distributed over several years through tenders for selected projects. Earlier in 2023, TotalEnergies separately committed $400m to develop LPG for cooking in Africa and India by 2030.</p> <p>The announcement aligns with broader COP29 goals, which include mobilising $1tn in climate financing to support developing nations. However, details such as the breakdown of individual company contributions remain undisclosed.</p> </article> <article id="post-4298" class="et_pb_post post-4298 post type-post status-publish format-standard has-post-thumbnail hentry category-large-scale-utility-solar tag-europe"> <a class="entry-featured-image-url" href="https://solarstoragextra.com/eu-prioritises-solar-pv-reshoring-after-parliament-hearings/"> <img data-src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-18T125617.008-1080x675.png?crop=1" alt="EU prioritises solar PV reshoring after parliament hearings" width="1080" height="675" data-srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-18T125617.008-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-18T125617.008-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-18T125617.008-480x296.png 480w" data-sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" style="--smush-placeholder-width: 1080px; --smush-placeholder-aspect-ratio: 1080/675;" /><noscript><img src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-18T125617.008-1080x675.png?crop=1" alt="EU prioritises solar PV reshoring after parliament hearings" class="" width="1080" height="675" srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-18T125617.008-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-18T125617.008-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-18T125617.008-480x296.png 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" /></noscript> </a> <h2 class="entry-title"><a href="https://solarstoragextra.com/eu-prioritises-solar-pv-reshoring-after-parliament-hearings/">EU prioritises solar PV reshoring after parliament hearings</a></h2> <p class="post-meta"> by <span class="author vcard"><a href="https://solarstoragextra.com/author/catie-owenterrapinn-com/" title="Posts by Catie Owen" rel="author">Catie Owen</a></span> | <span class="published">Nov 18, 2024</span> | <a href="https://solarstoragextra.com/category/large-scale-utility-solar/" rel="category tag">Large Scale Utility Solar</a></p><p>The European Solar Manufacturing Council (ESMC) has expressed optimism after the recent hearings for Commissioners-designate in the European Parliament.</p> <p>These discussions have highlighted reshoring industrial capacities, including solar photovoltaic (PV) manufacturing, as part of a broader strategy to <a href="https://solarstoragextra.com/europe-to-add-110-of-new-solar-by-2025/">e</a><a href="https://solarstoragextra.com/europe-to-add-110-of-new-solar-by-2025/">nhance Europe’s clean technology industries</a> and reduce dependency on external markets.</p> <p>ESMC welcomed the focus on solar PV manufacturing as a key element of Europe’s industrial strategy. Members of the European Parliament highlighted the urgency of addressing production challenges, especially in light of overcapacity in China.</p> <p>ESMC expects these commitments to translate into concrete measures under the forthcoming Clean Industrial Deal, new State Aid framework, and other policies during the next European Commission mandate.</p> <p>Žygimantas Vaičiūnas, ESMC Policy Director, praised the Commissioners-designate for their cohesive approach to reshoring clean technology manufacturing. He stressed the importance of integrating trade, competition, and industrial policies to ensure a Level Playing Field, noting the immediate need for actions to address the survival challenges faced by European industries.</p> <p>The first 100 days of the new Commission will be pivotal in shaping the Clean Industrial Deal. ESMC has urged specific measures, including securing demand for European-made PV equipment and providing operational cost support, to counter challenges from China’s oversupply of solar products.</p> <p>Key insights from the hearings include Teresa Ribera Rodríguez’s call to align Europe’s clean energy transition with economic competitiveness, advocating for public financing and accelerated cleantech manufacturing. Stéphane Séjourné emphasised reducing reliance on China, supporting EU industries via procurement policies, and fostering innovation.</p> <p>Wopke Hoekstra highlighted the importance of industrial decarbonisation and fair competition, while Maroš Šefčovič underscored the need for trade defence measures to protect European solar manufacturing.</p> <p>The EU aims to create a fair competitive environment and avoid trade conflicts while advancing impactful policies to strengthen its solar PV and clean technology sectors.</p> </article> <article id="post-4294" class="et_pb_post post-4294 post type-post status-publish format-standard has-post-thumbnail hentry category-large-scale-utility-solar tag-agrisolar tag-france-solar"> <a class="entry-featured-image-url" href="https://solarstoragextra.com/neoen-wins-164-mw-of-solar-and-agri-solar-projects-in-france/"> <img data-src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-1-1080x675.jpg?crop=1" alt="Neoen Wins 164 MW of Solar and Agri-Solar Projects in France" width="1080" height="675" data-srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-1-1080x675.jpg?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-1-980x604.jpg 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-1-480x296.jpg 480w" data-sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" style="--smush-placeholder-width: 1080px; --smush-placeholder-aspect-ratio: 1080/675;" /><noscript><img src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-1-1080x675.jpg?crop=1" alt="Neoen Wins 164 MW of Solar and Agri-Solar Projects in France" class="" width="1080" height="675" srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-1-1080x675.jpg?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-1-980x604.jpg 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-1-480x296.jpg 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" /></noscript> </a> <h2 class="entry-title"><a href="https://solarstoragextra.com/neoen-wins-164-mw-of-solar-and-agri-solar-projects-in-france/">Neoen Wins 164 MW of Solar and Agri-Solar Projects in France</a></h2> <p class="post-meta"> by <span class="author vcard"><a href="https://solarstoragextra.com/author/manas-sahuterrapinn-com/" title="Posts by Manas Sahu" rel="author">Manas Sahu</a></span> | <span class="published">Nov 15, 2024</span> | <a href="https://solarstoragextra.com/category/large-scale-utility-solar/" rel="category tag">Large Scale Utility Solar</a></p><p>Neoen has secured 164 MW of solar and agri-solar projects in the latest round of tenders from the French Energy Regulation Commission (CRE), reinforcing its position as a leader in renewable energy with more than 2.5 GW of capacity now committed in France.</p> <p>The awarded projects, which include four agri-voltaic sites, are set to be commissioned between 2026 and 2029, with the exception of the 73 MW Tourneuve project, slated for 2032 due to necessary grid upgrades. Neoen’s emphasis on combining clean energy with agricultural practices underscores its commitment to sustainable land management.</p> <p>CEO Xavier Barbaro praised the company’s ongoing efforts to support the energy transition, noting that a robust pipeline of solar, wind, and storage projects will drive continued growth.</p> </article> <article id="post-4291" class="et_pb_post post-4291 post type-post status-publish format-standard has-post-thumbnail hentry category-large-scale-utility-solar tag-france-solar tag-solar-pv"> <a class="entry-featured-image-url" href="https://solarstoragextra.com/france-advances-solar-energy-with-948-mw-award-in-latest-ground-mounted-solar-tender/"> <img data-src="https://solarstoragextra.com/wp-content/uploads/2024/09/SolarStorageXtra-story-headers-2024-09-23T103625.882-1080x675.png?crop=1" alt="France Advances Solar Energy with 948 MW Award in Latest Ground-Mounted Solar Tender" width="1080" height="675" data-srcset="https://solarstoragextra.com/wp-content/uploads/2024/09/SolarStorageXtra-story-headers-2024-09-23T103625.882-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/09/SolarStorageXtra-story-headers-2024-09-23T103625.882-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/09/SolarStorageXtra-story-headers-2024-09-23T103625.882-480x296.png 480w" data-sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" style="--smush-placeholder-width: 1080px; --smush-placeholder-aspect-ratio: 1080/675;" /><noscript><img src="https://solarstoragextra.com/wp-content/uploads/2024/09/SolarStorageXtra-story-headers-2024-09-23T103625.882-1080x675.png?crop=1" alt="France Advances Solar Energy with 948 MW Award in Latest Ground-Mounted Solar Tender" class="" width="1080" height="675" srcset="https://solarstoragextra.com/wp-content/uploads/2024/09/SolarStorageXtra-story-headers-2024-09-23T103625.882-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/09/SolarStorageXtra-story-headers-2024-09-23T103625.882-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/09/SolarStorageXtra-story-headers-2024-09-23T103625.882-480x296.png 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" /></noscript> </a> <h2 class="entry-title"><a href="https://solarstoragextra.com/france-advances-solar-energy-with-948-mw-award-in-latest-ground-mounted-solar-tender/">France Advances Solar Energy with 948 MW Award in Latest Ground-Mounted Solar Tender</a></h2> <p class="post-meta"> by <span class="author vcard"><a href="https://solarstoragextra.com/author/manas-sahuterrapinn-com/" title="Posts by Manas Sahu" rel="author">Manas Sahu</a></span> | <span class="published">Nov 15, 2024</span> | <a href="https://solarstoragextra.com/category/large-scale-utility-solar/" rel="category tag">Large Scale Utility Solar</a></p><p>France has awarded 948 MW of ground-mounted solar PV capacity in the sixth tender round of its PPE2 (Programmation Pluriannuelle de l’Énergie) programme, surpassing the 925 MW initially offered. The auction saw an average tariff of €79.28/MWh, making a 3% reduction from the previous round and continuing a steady decline in solar costs.</p> <p>The awarded capacity is distributed across 120 projects, ranging in size from 1 MW to 35 MW. Among the regions, Nouvelle Aquitaine secured the largest share with 333 MW, followed by Centre-Val de Loire (194 MW) and Occitanie (110 MW). This round’s results are nearly on par with the fifth tender, which awarded 911.5 MW.</p> <p>France is set to continue its solar momentum with the next tender round offering 925 MW, scheduled for December 2024. In addition to solar, the eighth PPE2 tender for onshore wind allocated 755 MW across 48 projects, achieving an average tariff of €87.92/MWh, consistent with the previous round.</p> </article> <article id="post-4287" class="et_pb_post post-4287 post type-post status-publish format-standard has-post-thumbnail hentry category-large-scale-utility-solar tag-solar-italy"> <a class="entry-featured-image-url" href="https://solarstoragextra.com/italy-moves-forward-with-322-mw-solar-allocation-in-latest-renewable-energy-auction/"> <img data-src="https://solarstoragextra.com/wp-content/uploads/2024/10/SolarStorageXtra-story-headers-2024-10-17T121606.848-1080x675.png?crop=1" alt="Italy Moves Forward with 322 MW Solar Allocation in Latest Renewable Energy Auction" width="1080" height="675" data-srcset="https://solarstoragextra.com/wp-content/uploads/2024/10/SolarStorageXtra-story-headers-2024-10-17T121606.848-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/10/SolarStorageXtra-story-headers-2024-10-17T121606.848-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/10/SolarStorageXtra-story-headers-2024-10-17T121606.848-480x296.png 480w" data-sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" style="--smush-placeholder-width: 1080px; --smush-placeholder-aspect-ratio: 1080/675;" /><noscript><img src="https://solarstoragextra.com/wp-content/uploads/2024/10/SolarStorageXtra-story-headers-2024-10-17T121606.848-1080x675.png?crop=1" alt="Italy Moves Forward with 322 MW Solar Allocation in Latest Renewable Energy Auction" class="" width="1080" height="675" srcset="https://solarstoragextra.com/wp-content/uploads/2024/10/SolarStorageXtra-story-headers-2024-10-17T121606.848-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/10/SolarStorageXtra-story-headers-2024-10-17T121606.848-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/10/SolarStorageXtra-story-headers-2024-10-17T121606.848-480x296.png 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" /></noscript> </a> <h2 class="entry-title"><a href="https://solarstoragextra.com/italy-moves-forward-with-322-mw-solar-allocation-in-latest-renewable-energy-auction/">Italy Moves Forward with 322 MW Solar Allocation in Latest Renewable Energy Auction</a></h2> <p class="post-meta"> by <span class="author vcard"><a href="https://solarstoragextra.com/author/manas-sahuterrapinn-com/" title="Posts by Manas Sahu" rel="author">Manas Sahu</a></span> | <span class="published">Nov 14, 2024</span> | <a href="https://solarstoragextra.com/category/large-scale-utility-solar/" rel="category tag">Large Scale Utility Solar</a></p><p>Italy has made another big push toward a greener future, with its latest renewables auction allocating 322.2 MW to solar power projects. This 15th national auction awarded a total of 410.6 MW for renewable energy, focusing heavily on solar installations, which will be spread across 57 sites throughout the country.</p> <p>The Italian energy agency, Gestore dei Servizi Energetici (GSE), is driving these initiatives to increase the country’s renewable energy capacity. Alongside solar, this auction includes an additional 88.4 MW of wind energy. Solar, however, remains the star of Italy’s renewable energy plan.</p> <p>Back in June, Italy’s 14th auction round saw a smaller allocation of 243.3 MW for renewable projects, so this latest effort marks a clear ramp-up in Italy’s commitment to clean energy.</p> <p>With these renewable energy efforts, Italy is steadily building a more sustainable future. For those interested in the future of solar in Italy discover , the upcoming “<a href="https://solarstoragextra.com/terrapinn-and-veronafiere-announce-solar-storage-live-italia/?utm_source=blog&utm_medium=Article&utm_campaign=blog&trc=blogart">Solar & Storage Live Italia</a>” show.</p> </article> <article id="post-4279" class="et_pb_post post-4279 post type-post status-publish format-standard has-post-thumbnail hentry category-commercial-industrial-solar category-large-scale-utility-solar category-storage tag-solar-projects tag-storage"> <a class="entry-featured-image-url" href="https://solarstoragextra.com/low-carbon-unveils-500-mw-solar-storage-initiative-in-kent/"> <img data-src="https://solarstoragextra.com/wp-content/uploads/2024/09/SolarStorageXtra-story-headers-2024-09-06T134457.154-1080x675.png?crop=1" alt="Low Carbon Unveils 500-MW Solar-Storage Initiative in Kent" width="1080" height="675" data-srcset="https://solarstoragextra.com/wp-content/uploads/2024/09/SolarStorageXtra-story-headers-2024-09-06T134457.154-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/09/SolarStorageXtra-story-headers-2024-09-06T134457.154-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/09/SolarStorageXtra-story-headers-2024-09-06T134457.154-480x296.png 480w" data-sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" style="--smush-placeholder-width: 1080px; --smush-placeholder-aspect-ratio: 1080/675;" /><noscript><img src="https://solarstoragextra.com/wp-content/uploads/2024/09/SolarStorageXtra-story-headers-2024-09-06T134457.154-1080x675.png?crop=1" alt="Low Carbon Unveils 500-MW Solar-Storage Initiative in Kent" class="" width="1080" height="675" srcset="https://solarstoragextra.com/wp-content/uploads/2024/09/SolarStorageXtra-story-headers-2024-09-06T134457.154-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/09/SolarStorageXtra-story-headers-2024-09-06T134457.154-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/09/SolarStorageXtra-story-headers-2024-09-06T134457.154-480x296.png 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" /></noscript> </a> <h2 class="entry-title"><a href="https://solarstoragextra.com/low-carbon-unveils-500-mw-solar-storage-initiative-in-kent/">Low Carbon Unveils 500-MW Solar-Storage Initiative in Kent</a></h2> <p class="post-meta"> by <span class="author vcard"><a href="https://solarstoragextra.com/author/manas-sahuterrapinn-com/" title="Posts by Manas Sahu" rel="author">Manas Sahu</a></span> | <span class="published">Nov 13, 2024</span> | <a href="https://solarstoragextra.com/category/commercial-industrial-solar/" rel="category tag">Commercial & Industrial Solar</a>, <a href="https://solarstoragextra.com/category/large-scale-utility-solar/" rel="category tag">Large Scale Utility Solar</a>, <a href="https://solarstoragextra.com/category/storage/" rel="category tag">Storage</a></p><p>Low Carbon, a UK renewable energy company, is working on a 500-MW solar and energy storage project in Kent, southern England. The South Kent Energy Park will cover a 600-hectare site near Old Romney, in the Folkestone and Hythe District, stretching along the A259 from Brenzett to New Romney. The solar park will generate enough energy to power around 140,000 homes, contributing significantly to clean energy in the region.</p> <p>The company has also started engaging with the local community, hosting both in-person and online events for residents and businesses to learn about the project and share their thoughts. James Hartley-Bond, the Project Development Director, emphasised that community input is key to shaping the project and ensuring it aligns with local needs.</p> <p>Due to its size and potential impact, the South Kent Energy Park is classified as a Nationally Significant Infrastructure Project (NSIP). It will need approval from the Secretary of State for Energy Security and Net Zero. If granted, the project will include the necessary infrastructure to connect the solar farm to the national grid.</p> <p>Low Carbon is committed to supporting the UK’s clean energy transition, having recently received approval for a similar 500-MW solar and storage project in Lincolnshire. The South Kent Energy Park is another step in the company’s plan to help meet the UK’s renewable energy goals.</p> </article> <article id="post-4272" class="et_pb_post post-4272 post type-post status-publish format-standard has-post-thumbnail hentry category-commercial-industrial-solar category-large-scale-utility-solar tag-renewable-energy tag-solar-energy"> <a class="entry-featured-image-url" href="https://solarstoragextra.com/new-south-wales-unveils-updated-guidelines-to-streamline-solar-project-approvals/"> <img data-src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-1080x675.jpg?crop=1" alt="New South Wales Unveils Updated Guidelines to Streamline Solar Project Approvals" width="1080" height="675" data-srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-1080x675.jpg?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-980x604.jpg 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-480x296.jpg 480w" data-sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" style="--smush-placeholder-width: 1080px; --smush-placeholder-aspect-ratio: 1080/675;" /><noscript><img src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-1080x675.jpg?crop=1" alt="New South Wales Unveils Updated Guidelines to Streamline Solar Project Approvals" class="" width="1080" height="675" srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-1080x675.jpg?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-980x604.jpg 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-480x296.jpg 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" /></noscript> </a> <h2 class="entry-title"><a href="https://solarstoragextra.com/new-south-wales-unveils-updated-guidelines-to-streamline-solar-project-approvals/">New South Wales Unveils Updated Guidelines to Streamline Solar Project Approvals</a></h2> <p class="post-meta"> by <span class="author vcard"><a href="https://solarstoragextra.com/author/manas-sahuterrapinn-com/" title="Posts by Manas Sahu" rel="author">Manas Sahu</a></span> | <span class="published">Nov 13, 2024</span> | <a href="https://solarstoragextra.com/category/commercial-industrial-solar/" rel="category tag">Commercial & Industrial Solar</a>, <a href="https://solarstoragextra.com/category/large-scale-utility-solar/" rel="category tag">Large Scale Utility Solar</a></p><p>The New South Wales government has introduced a set of updated planning guidelines aimed at speeding up approvals for renewable energy projects, particularly large-scale solar power initiatives. This revamped framework is designed to simplify and streamline the process, offering greater clarity and consistency for developers. These changes are expected to help keep projects on schedule, supporting New South Wales in meeting its ambitious renewable energy goals.</p> <p>The new framework includes five primary guidelines:</p> <p><strong>Wind Energy Guidelines</strong> – This section provides developers with essential planning considerations for wind projects, focusing on factors such as optimal site selection, managing visual impacts, and planning for eventual decommissioning.</p> <p><strong>Transmission Guidelines</strong> – These guidelines cover the selection of transmission routes, outline expectations for community consultation, and address visual impact assessments to ensure new infrastructure integrates smoothly with surrounding areas.</p> <p><strong>Solar Energy Guidelines</strong> – Updates to the existing solar guidelines provide enhanced advice on decommissioning practices and expand on other aspects to align more closely with the overarching planning framework.</p> <p><strong>Benefit Sharing Guidelines</strong> – This section encourages a fair and sustainable distribution of benefits to local communities, ensuring that those living near renewable projects experience tangible advantages from hosting renewable energy infrastructure.</p> <p><strong>Private Agreement Guidelines</strong> – Designed to support landholders and renewable developers, these guidelines highlight key considerations for establishing equitable commercial agreements for hosting energy projects on private land.</p> <p>Planning Minister Paul Scully emphasised that these updates focus strongly on delivering community benefits and enhancing investment certainty for renewable energy initiatives. This initiative aligns with NSW’s goal to add 12 GW of new renewable energy generation and 2 GW of long-duration energy storage by 2030. The government anticipates that these projects will contribute over $414 million in benefits to communities and councils across the state over the next 25 years, reinforcing NSW’s commitment to a cleaner energy future.</p> </article> <article id="post-4265" class="et_pb_post post-4265 post type-post status-publish format-standard has-post-thumbnail hentry category-large-scale-utility-solar tag-europe tag-research"> <a class="entry-featured-image-url" href="https://solarstoragextra.com/europe-to-add-110-of-new-solar-by-2025/"> <img data-src="https://solarstoragextra.com/wp-content/uploads/2024/11/asia-chang-Yr-PvhKiorM-unsplash-1080x675.jpg?crop=1" alt="Europe to add 110 GW of new solar by 2025" width="1080" height="675" data-srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/asia-chang-Yr-PvhKiorM-unsplash-980x551.jpg?crop=1 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/asia-chang-Yr-PvhKiorM-unsplash-480x270.jpg?crop=1 480w" data-sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" style="--smush-placeholder-width: 1080px; --smush-placeholder-aspect-ratio: 1080/675;" /><noscript><img src="https://solarstoragextra.com/wp-content/uploads/2024/11/asia-chang-Yr-PvhKiorM-unsplash-1080x675.jpg?crop=1" alt="Europe to add 110 GW of new solar by 2025" class="" width="1080" height="675" srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/asia-chang-Yr-PvhKiorM-unsplash-980x551.jpg?crop=1 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/asia-chang-Yr-PvhKiorM-unsplash-480x270.jpg?crop=1 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" /></noscript> </a> <h2 class="entry-title"><a href="https://solarstoragextra.com/europe-to-add-110-of-new-solar-by-2025/">Europe to add 110 GW of new solar by 2025</a></h2> <p class="post-meta"> by <span class="author vcard"><a href="https://solarstoragextra.com/author/catie-owenterrapinn-com/" title="Posts by Catie Owen" rel="author">Catie Owen</a></span> | <span class="published">Nov 12, 2024</span> | <a href="https://solarstoragextra.com/category/large-scale-utility-solar/" rel="category tag">Large Scale Utility Solar</a></p><p><a href="https://solarstoragextra.com/solarpower-europe-launches-the-agrisolar-handbook/">Europe</a> is expected to add 110 GW of new solar photovoltaic (PV) capacity in 2025, according to Liam Coman, solar market analyst at S&P Global Commodity Insights.</p> <p>Speaking at the opening of Tongwei’s new European office in Frankfurt, Coman highlighted that European solar PV growth will slow to single-digit rates after 2026.</p> <p>“In three years, the market will grow from about a 50GW market to a 110GW market in 2025, more than doubling in just three years,” he said.</p> <p>This growth would nearly double the 56 GW of solar PV capacity installed in 2023, according to SolarPower Europe’s (SPE) yearly report. For 2024, SPE projects 62GW, while S&P’s forecast is closer to 95GW.</p> <p>Coman identified key growth markets in recent years as Germany, Eastern Europe, Spain, and Italy, which accounted for nearly half of Europe’s total installed capacity.</p> <p>Despite this early growth, Coman explained that the latter half of the 2020s will likely see a deceleration due to increasing grid interconnection challenges. “The number one thing that we need to do is invest in the grid,” Coman noted, emphasising the need for grid upgrades to sustain solar PV growth.</p> <p>He also pointed out that recent low and volatile power prices could impact future utility-scale solar projects. By the end of the decade, Europe is forecast to add 130GW annually, with continued growth in the rooftop market expected to reach 85GW by 2030.</p> <p>Globally, S&P projects solar installations to reach 580 GW in 2025, contrasting with BloombergNEF’s estimate of nearly 600 GW. Coman noted, “We do see growth slowing somewhat in 2025 to a 7% growth rate.”</p> <p>This growth is largely driven by China, which added as much capacity in 2023 as the entire global market did in 2022.</p> <p>Coman added that global growth is diversifying, with 45 countries expected to install over 1GW by 2024, up from 16 in 2021.</p> <p>In Europe, Romania, Lithuania, and Ireland are set to exceed 1 GW for the first time this year, while Malaysia, Uzbekistan, and Iran will see similar milestones by 2025.</p> </article> <article id="post-4241" class="et_pb_post post-4241 post type-post status-publish format-standard has-post-thumbnail hentry category-commercial-industrial-solar category-large-scale-utility-solar tag-agrisolar"> <a class="entry-featured-image-url" href="https://solarstoragextra.com/solarpower-europe-launches-the-agrisolar-handbook/"> <img data-src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-11T121710.141-1080x675.png?crop=1" alt="SolarPower Europe launches the Agrisolar Handbook" width="1080" height="675" data-srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-11T121710.141-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-11T121710.141-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-11T121710.141-480x296.png 480w" data-sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" style="--smush-placeholder-width: 1080px; --smush-placeholder-aspect-ratio: 1080/675;" /><noscript><img src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-11T121710.141-1080x675.png?crop=1" alt="SolarPower Europe launches the Agrisolar Handbook" class="" width="1080" height="675" srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-11T121710.141-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-11T121710.141-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-11T121710.141-480x296.png 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" /></noscript> </a> <h2 class="entry-title"><a href="https://solarstoragextra.com/solarpower-europe-launches-the-agrisolar-handbook/">SolarPower Europe launches the Agrisolar Handbook</a></h2> <p class="post-meta"> by <span class="author vcard"><a href="https://solarstoragextra.com/author/catie-owenterrapinn-com/" title="Posts by Catie Owen" rel="author">Catie Owen</a></span> | <span class="published">Nov 11, 2024</span> | <a href="https://solarstoragextra.com/category/commercial-industrial-solar/" rel="category tag">Commercial & Industrial Solar</a>, <a href="https://solarstoragextra.com/category/large-scale-utility-solar/" rel="category tag">Large Scale Utility Solar</a></p><p>SolarPower Europe has released the <a href="chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https:/api.solarpowereurope.org/uploads/Agrisolar_Handbook_80645d1593.pdf?updated_at=2024-11-05T15:02:12.519Z">Agrisolar Handbook</a>, a resource designed to support the agriculture and solar sectors in tackling climate, energy, and food security challenges.</p> <p>“This is a significant step in SolarPower Europe’s efforts to bring together two critical industries to embrace our shared synergies,” said Walburga Hemetsberger, CEO of SolarPower Europe.</p> <p>“The future of farming is critical to the EU food independence and resilience. Agrisolar systems boost the farm’s revenue, which can support productive and sustainable investments, and strengthens the farm’s climate resilience on its energy transition journey.”</p> <p>The handbook outlines agrisolar’s potential benefits, such as up to 60% increased crop yields, better soil temperature stability, and a notable increase in pollinators.</p> <p><a href="https://solarstoragextra.com/solar-power-europe-releases-global-market-outlook-for-solar-power-2023-2027/">SolarPower Europe</a> stresses that agrisolar-equipped land may qualify for Common Agricultural Policy (CAP) payments and should be supported by incentives for dual land use.</p> <p>The report also calls for streamlined permitting, improved grid connections, and increased research in agrisolar innovation.</p> <p>Member of European Parliament Seán Kelly noted, “To fully harness the potential of agrisolar, we must ensure farmers have the tools and incentives to participate.</p> <p>“This includes simplifying grid connections, streamlining planning approvals, and putting payment schemes in place that encourage collaboration between agriculture and renewable energy.”</p> <p>Eva Vandest, Chair of SolarPower Europe’s Land Use and Permitting Workstream, added that agrisolar brings value to farmers, solar stakeholders, and local communities.</p> <p>“This dual land-use model should allow us to achieve the energy transition and mitigate carbon emissions while providing additional services and income to farmers,” she said.</p> <p>The Agrisolar Handbook will be showcased at the AgriVoltaics Industry Forum in Madrid on November 5-6, where industry and policy leaders will discuss advancing agrisolar in Europe.</p> <p>This handbook builds on SolarPower Europe’s earlier Agrisolar Best Practice Guidelines, reinforcing its commitment to a resilient agricultural sector.</p> <blockquote><p><em>Solar & Storage Live Barcelona is taking place 13-14 November. Haven’t registered yet? Don’t miss out on your free ticket by securing your place <a href="https://www.terrapinn.com/exhibition/solar-storage-live-barcelona/English.stm">here</a>.</em></p></blockquote> </article> <article id="post-4236" class="et_pb_post post-4236 post type-post status-publish format-standard has-post-thumbnail hentry category-commercial-industrial-solar category-large-scale-utility-solar tag-cop29 tag-global-solar-council"> <a class="entry-featured-image-url" href="https://solarstoragextra.com/global-solar-capacity-reaches-2-tw-as-cop29-kicks-off/"> <img data-src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-11T115730.822-1080x675.png?crop=1" alt="Global solar capacity reaches 2 TW as COP29 kicks off" width="1080" height="675" data-srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-11T115730.822-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-11T115730.822-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-11T115730.822-480x296.png 480w" data-sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" style="--smush-placeholder-width: 1080px; --smush-placeholder-aspect-ratio: 1080/675;" /><noscript><img src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-11T115730.822-1080x675.png?crop=1" alt="Global solar capacity reaches 2 TW as COP29 kicks off" class="" width="1080" height="675" srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-11T115730.822-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-11T115730.822-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-11T115730.822-480x296.png 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" /></noscript> </a> <h2 class="entry-title"><a href="https://solarstoragextra.com/global-solar-capacity-reaches-2-tw-as-cop29-kicks-off/">Global solar capacity reaches 2 TW as COP29 kicks off</a></h2> <p class="post-meta"> by <span class="author vcard"><a href="https://solarstoragextra.com/author/catie-owenterrapinn-com/" title="Posts by Catie Owen" rel="author">Catie Owen</a></span> | <span class="published">Nov 11, 2024</span> | <a href="https://solarstoragextra.com/category/commercial-industrial-solar/" rel="category tag">Commercial & Industrial Solar</a>, <a href="https://solarstoragextra.com/category/large-scale-utility-solar/" rel="category tag">Large Scale Utility Solar</a></p><p><a href="https://solarstoragextra.com/iea-report-countries-need-collaboration-for-climate-goals/">As COP29 begins in Baku, Azerbaijan</a>, the Global Solar Council announced that global photovoltaic (PV) capacity has reached the 2 TW milestone in just two years since the first terawatt was installed.</p> <p>This rapid expansion comes amid the U.S. presidency of Donald Trump and the ongoing United Nations Climate Change Conference.</p> <p>The Global Solar Council highlighted that advancements in PV deployment have sharply reduced costs, making solar power the most affordable energy source in many parts of the world.</p> <p>Reaching 1 TW took 68 years, but the industry has doubled its capacity to 2 TW in only two. This achievement underscores solar’s critical role in the global energy landscape; 2 TW of solar capacity is roughly equal to the total installed capacity of the US, the UK, and India combined, and more than double that of the European Union.</p> <p>To meet the 2030 renewable energy goals, the Global Solar Council emphasised the need for triple the current global renewable capacity and quadruple solar installations to 8 TW.</p> <p>With a 20% capacity factor, 2 TW of solar could theoretically supply around one billion homes using an average of 3.5 MWh per year. However, solar requires storage solutions and additional energy sources for a consistent 24-hour supply.</p> <p>The Global Solar Council also stressed the need for 1.5 TW of global storage capacity and significant grid expansion by 2030. Notably, global manufacturing capacity has reached 1.1 TW per year.</p> <p>At COP29, the Council will launch the International Solar Finance Group to foster industry-finance collaboration and reduce solar financing costs in developing markets from 15% to 5%.</p> <p>Global Solar Council Chair Máté Heisz highlighted the urgency for governmental and investor support to meet global renewable targets.</p> </article> <article id="post-4217" class="et_pb_post post-4217 post type-post status-publish format-standard has-post-thumbnail hentry category-large-scale-utility-solar tag-europe tag-france"> <a class="entry-featured-image-url" href="https://solarstoragextra.com/ze-energy-raises-e54m-to-expand-solar-and-storage-across-europe/"> <img data-src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-08T124250.869-1080x675.png?crop=1" alt="ZE Energy raises €54M to expand solar and storage across Europe" width="1080" height="675" data-srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-08T124250.869-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-08T124250.869-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-08T124250.869-480x296.png 480w" data-sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" style="--smush-placeholder-width: 1080px; --smush-placeholder-aspect-ratio: 1080/675;" /><noscript><img src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-08T124250.869-1080x675.png?crop=1" alt="ZE Energy raises €54M to expand solar and storage across Europe" class="" width="1080" height="675" srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-08T124250.869-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-08T124250.869-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-08T124250.869-480x296.png 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" /></noscript> </a> <h2 class="entry-title"><a href="https://solarstoragextra.com/ze-energy-raises-e54m-to-expand-solar-and-storage-across-europe/">ZE Energy raises €54M to expand solar and storage across Europe</a></h2> <p class="post-meta"> by <span class="author vcard"><a href="https://solarstoragextra.com/author/catie-owenterrapinn-com/" title="Posts by Catie Owen" rel="author">Catie Owen</a></span> | <span class="published">Nov 8, 2024</span> | <a href="https://solarstoragextra.com/category/large-scale-utility-solar/" rel="category tag">Large Scale Utility Solar</a></p><p>ZE Energy, a Paris-based renewable energy firm specialising in Battery Energy Storage Systems (BESS), has raised €54 million, led by Amundi Transition Énergétique.</p> <p>This investment round adds new stakeholders, including Amundi’s Core+ infrastructure funds and Demeter’s Climate Infrastructure Fund, with continued support from Sorégies, Marguerite, HTGF, and ZE WAY INVEST.</p> <p>Amundi Transition Énergétique CEO Matthieu Poisson expressed optimism about the partnership’s role in sustainable energy.</p> <p>“We are very optimistic about the development of infrastructure solutions combining solar energy production and storage (BESS), allowing us to play a key role in the decarbonisation of the electricity system,” he said.</p> <p>Founded in 2019, ZE Energy focuses on hybrid solar power plants that integrate photovoltaic systems and energy storage, primarily in Europe.</p> <p>The company manages development, financing, construction, and operation, offering green energy to consumers and tenders, addressing energy price volatility.</p> <p>ZE Energy founder Mathieu Lassagne highlighted the company’s model as “a high-performance solution, supporting a controlled energy transition,” adding that storage is crucial as solar prices become volatile.</p> <p>“Our model, which combines solar production with energy storage, is also meeting growing interest,” he said, noting the value of storage as solar prices occasionally dip negative due to overproduction.</p> <p>The fresh capital will support ZE Energy’s European expansion, aiming for a project portfolio of 900 MW in solar and 600 MWh in storage by 2026. Demeter Managing Partner Philippe Detours affirmed that ZE Energy’s hybrid assets align with the Climate Infrastructure Fund’s vision.</p> <p>ZE Energy’s latest funding round reflects rising investor interest in solutions that stabilise renewable energy production and promote sustainable energy systems across Europe.</p> </article> <article id="post-4200" class="et_pb_post post-4200 post type-post status-publish format-standard has-post-thumbnail hentry category-large-scale-utility-solar tag-asia tag-floating-solar tag-masdar tag-uae"> <a class="entry-featured-image-url" href="https://solarstoragextra.com/masdar-sarawak-energy-and-gentari-to-assess-floating-solar-project-in-malaysia/"> <img data-src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-07T122647.515-1080x675.png?crop=1" alt="Masdar, Sarawak Energy and Gentari to assess floating solar project in Malaysia" width="1080" height="675" data-srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-07T122647.515-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-07T122647.515-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-07T122647.515-480x296.png 480w" data-sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" style="--smush-placeholder-width: 1080px; --smush-placeholder-aspect-ratio: 1080/675;" /><noscript><img src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-07T122647.515-1080x675.png?crop=1" alt="Masdar, Sarawak Energy and Gentari to assess floating solar project in Malaysia" class="" width="1080" height="675" srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-07T122647.515-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-07T122647.515-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-07T122647.515-480x296.png 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" /></noscript> </a> <h2 class="entry-title"><a href="https://solarstoragextra.com/masdar-sarawak-energy-and-gentari-to-assess-floating-solar-project-in-malaysia/">Masdar, Sarawak Energy and Gentari to assess floating solar project in Malaysia</a></h2> <p class="post-meta"> by <span class="author vcard"><a href="https://solarstoragextra.com/author/catie-owenterrapinn-com/" title="Posts by Catie Owen" rel="author">Catie Owen</a></span> | <span class="published">Nov 7, 2024</span> | <a href="https://solarstoragextra.com/category/large-scale-utility-solar/" rel="category tag">Large Scale Utility Solar</a></p><p><em>Press Release</em></p> <p><a href="https://solarstoragextra.com/masdar-details-strategy-to-join-renewables-global-leaders/">Abu Dhabi Future Energy Company PJSC – Masdar</a>, the UAE’s clean energy powerhouse, has signed a Joint Study Agreement with Malaysia’s Sarawak Energy and clean energy solutions provider, Gentari, to assess the feasibility of a floating solar power plant at the reservoir of Murum Hydroelectric Plant in the state of Sarawak, Malaysia.</p> <p>The large-scale floating solar PV project marks a significant step towards expanding renewable energy capacity in Sarawak state and supporting Malaysia’s clean energy ambitions. The exchange of documents was held at Masdar’s head office in Abu Dhabi.</p> <p>Floating solar projects offer several advantages for countries like Malaysia with growing populations and a scarcity of land that is required for agriculture, housing and industry.</p> <p>Placing solar plants on water reduces land use, decreases water evaporation, and offers potential synergies with hydroelectric operations.</p> <h3>Stakeholders</h3> <p>Mohamed Jameel Al Ramahi, Masdar Chief Executive Officer, said:</p> <blockquote><p>Our partnership with Sarawak Energy and Gentari represents a powerful convergence of expertise and ambition in the pursuit of a sustainable energy future.</p> <p> </p> <p>By harnessing our collective strengths in renewable energy technologies, particularly in large-scale solar and floating PV innovations, we are demonstrating that we can accelerate the energy transition and drive economic growth through bold, collaborative action.</p> <p> </p> <p>This deal follows our landmark agreement with the Malaysian Investment Development Authority in 2023 for the development of 10 gigawatts of clean energy projects across the country. Masdar is proud to contribute to Malaysia’s ambitious renewable energy targets of 31 percent by 2025 and 40 percent by 2035.</p></blockquote> <p>Sarawak Energy Group Chief Executive Officer, Datuk Sharbini Suhaili, commented:</p> <blockquote><p>Sarawak Energy’s diversified generation mix is crucial to achieving our aim of becoming a renewable energy powerhouse in Southeast Asia.</p> <p> </p> <p>The potential for a floating solar PV project on the reservoir of the Murum Hydroelectric Plant will complement our ongoing investments in renewable innovations, including our Batang Ai floating solar farm, which is expected to offset 52 kilotonnes of CO2 emissions annually once commissioned by the end of this year.</p></blockquote> <p>Sushil Purohit, Gentari Chief Executive Officer, said:</p> <blockquote><p>As a proudly Malaysian company, Gentari is pleased to be a key contributor in helping the country achieve its renewable energy targets and climate goals, alongside supporting clients on their net zero journey.</p> <p> </p> <p>Our partnership with Masdar and Sarawak Energy for this ambitious project unites leading global stakeholders in a shared vision to drive progress in clean energy adoption, optimising technological advancements to more effectively integrate renewables into our energy systems.</p> <p> </p> <p>At every level—state, national, and international—Gentari is fully committed to driving long-term value as a trusted clean energy partner in Asia Pacific.</p></blockquote> <h3>The study</h3> <p>The feasibility study assesses the potential for a large-scale floating solar installation on the Murum reservoir. This evaluation will encompass technical feasibility, environmental impact, and economic viability to determine if the project can be successfully implemented.</p> <p>If deemed viable, this floating solar installation could strengthen Sarawak’s renewable energy capacity and position it as a pioneering model for floating solar projects across the region.</p> <p>It also supports Sarawak’s ambition to become a leader in clean energy development and export in Southeast Asia.</p> </article> <article id="post-4195" class="et_pb_post post-4195 post type-post status-publish format-standard has-post-thumbnail hentry category-commercial-industrial-solar category-large-scale-utility-solar tag-solar-in-the-usa"> <a class="entry-featured-image-url" href="https://solarstoragextra.com/analysts-say-us-solar-power-growth-expected-despite-new-presidency/"> <img data-src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-06T164627.261-1080x675.png?crop=1" alt="Analysts say US solar power growth expected despite new presidency" width="1080" height="675" data-srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-06T164627.261-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-06T164627.261-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-06T164627.261-480x296.png 480w" data-sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" style="--smush-placeholder-width: 1080px; --smush-placeholder-aspect-ratio: 1080/675;" /><noscript><img src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-06T164627.261-1080x675.png?crop=1" alt="Analysts say US solar power growth expected despite new presidency" class="" width="1080" height="675" srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-06T164627.261-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-06T164627.261-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-06T164627.261-480x296.png 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" /></noscript> </a> <h2 class="entry-title"><a href="https://solarstoragextra.com/analysts-say-us-solar-power-growth-expected-despite-new-presidency/">Analysts say US solar power growth expected despite new presidency</a></h2> <p class="post-meta"> by <span class="author vcard"><a href="https://solarstoragextra.com/author/catie-owenterrapinn-com/" title="Posts by Catie Owen" rel="author">Catie Owen</a></span> | <span class="published">Nov 6, 2024</span> | <a href="https://solarstoragextra.com/category/commercial-industrial-solar/" rel="category tag">Commercial & Industrial Solar</a>, <a href="https://solarstoragextra.com/category/large-scale-utility-solar/" rel="category tag">Large Scale Utility Solar</a></p><p><a href="https://www.reuters.com/business/energy/trump-return-will-slow-not-stop-us-clean-energy-boom-2024-11-06/">New analysis from Reuters</a> notes that, while Donald Trump’s return to the White House anticipates a prioritisation of fossil fuel production over alternatives, experts believe the growth of renewable energy will remain strong due to foundational support from current legislation.</p> <p>Central to this resilience is the Inflation Reduction Act (IRA), a Biden administration law that provides extensive subsidies for solar, wind, and other clean energy projects for the next decade.</p> <p>Ed Hirs, Energy Fellow at the University of Houston, affirmed, “I don’t think a Trump presidency can slow the transition. This is well underway.”</p> <p>Renewable energy, led by solar and wind, has been the <a href="https://solarstoragextra.com/us-tariffs-on-se-asian-solar-imports-confirmed/">fastest-growing segment on the U.S. power grid</a>, spurred by tax incentives, state mandates, and advancing technologies that have reduced costs.</p> <p>Signed in 2022, the IRA offers billions in subsidies aimed at decarbonising the power sector by 2035. Although Trump criticised the IRA as excessive and pledged to rescind any remaining funds, repealing the law would require Congress, where even many Republican states have reaped economic benefits from solar investments.</p> <p>“The jobs and economic benefits have been so heavy in red states, it’s hard to see an administration come in that says we don’t like this,” said Carl Fleming of McDermott Will & Emery.</p> <h3>Impact range</h3> <p>Analysts agree that while Trump could impact renewable energy policy indirectly – such as limiting federal leasing for offshore wind or cutting agency budgets tied to the IRA – any effects on solar and other renewables would likely be marginal.</p> <p>Many solar and wind projects operate on private land, insulating them from shifts in federal land leasing.</p> <p>In the immediate timeframe, the announcement of Trump’s win led to an immediate dip in European renewable energy stocks, notably for companies like Danish wind turbine maker Vestas.</p> <p>This result is presumed by analysts to be due to Trump’s pledge to dismantle renewable projects such as offshore wind, and his intention to withdraw the US from the Paris climate agreement, as he did during his previous term.</p> </article> <article id="post-4175" class="et_pb_post post-4175 post type-post status-publish format-standard has-post-thumbnail hentry category-commercial-industrial-solar category-large-scale-utility-solar tag-solar-storage-live-barcelona tag-spain-energy-week"> <a class="entry-featured-image-url" href="https://solarstoragextra.com/spain-energy-week-iberdrola-and-norges-bank-add-50-mw-of-solar-to-partnership/"> <img data-src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-05T104930.706-1080x675.png?crop=1" alt="Spain Energy Week: Iberdrola and Norges Bank add 50 MW of solar to partnership" width="1080" height="675" data-srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-05T104930.706-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-05T104930.706-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-05T104930.706-480x296.png 480w" data-sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" style="--smush-placeholder-width: 1080px; --smush-placeholder-aspect-ratio: 1080/675;" /><noscript><img src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-05T104930.706-1080x675.png?crop=1" alt="Spain Energy Week: Iberdrola and Norges Bank add 50 MW of solar to partnership" class="" width="1080" height="675" srcset="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-05T104930.706-1080x675.png?crop=1 1080w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-05T104930.706-980x604.png 980w, https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-05T104930.706-480x296.png 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" /></noscript> </a> <h2 class="entry-title"><a href="https://solarstoragextra.com/spain-energy-week-iberdrola-and-norges-bank-add-50-mw-of-solar-to-partnership/">Spain Energy Week: Iberdrola and Norges Bank add 50 MW of solar to partnership</a></h2> <p class="post-meta"> by <span class="author vcard"><a href="https://solarstoragextra.com/author/catie-owenterrapinn-com/" title="Posts by Catie Owen" rel="author">Catie Owen</a></span> | <span class="published">Nov 5, 2024</span> | <a href="https://solarstoragextra.com/category/commercial-industrial-solar/" rel="category tag">Commercial & Industrial Solar</a>, <a href="https://solarstoragextra.com/category/large-scale-utility-solar/" rel="category tag">Large Scale Utility Solar</a></p><p><a href="https://solarstoragextra.com/energy-oversupply-in-spain-causes-price-and-project-issues/">Spanish</a> electric utility company Iberdrola and Norway’s sovereign wealth fund, managed by Norges Bank Investment Management, have together launched their first 50 MW solar plant within a €2bn renewable energy investment partnership.</p> <p>The Peñarrubia solar PV plant in Murcia raises the alliance’s operating capacity to nearly 200 MW, with more projects underway.</p> <p>Formed in 2023 to drive decarbonisation in Iberia, the partnership could expand internationally, with Iberdrola holding a 51% stake.</p> <p>Together, they aim to deliver 2,500 MW of renewable energy, potentially supplying over 400,000 homes and avoiding 350,000 tons of CO₂ annually.</p> <p>Norges Bank, a long-time Iberdrola investor, manages €1.4 trillion in assets globally. Their shared venture marks Norges Bank’s first direct renewable energy investment in Spain.</p> <p>Iberdrola’s strategic growth includes key decarbonisation projects with various partners, such as:</p> <ul> <li>A 25 MW green hydrogen plant with BP in Spain.</li> <li>A €15bn offshore wind investment with Masdar across Europe and the U.S.</li> <li>A 1,265 MW alliance with Norges Bank, extended to 2,500 MW.</li> </ul> <p>Additional partnerships support offshore wind, green hydrogen, EV infrastructure, and grid expansion, with Iberdrola furthering renewable efforts in the UK, Brazil, and beyond.</p> <blockquote><p><em>Spain Energy Week marks the leadup to Solar & Storage Live Barcelona, taking place 13-14 November. Haven’t registered yet? Don’t miss out on your free ticket by securing your place <a href="https://www.terrapinn.com/exhibition/solar-storage-live-barcelona/English.stm">here</a>.</em></p></blockquote> </article> <div class="pagination clearfix"> <div class="alignleft"><a href="https://solarstoragextra.com/category/large-scale-utility-solar/page/2/" >« Older Entries</a></div> <div class="alignright"></div> </div> </div> <div id="sidebar"> <div id="block-11" class="et_pb_widget widget_block"> <div class="wp-block-group has-black-color has-text-color has-background has-link-color wp-elements-5e42528d2d917668c6f90afe7435e3c0 is-layout-flow wp-block-group-is-layout-flow" style="background-color:#fcb040"> <h2 class="wp-block-heading has-text-align-left has-medium-font-size"><strong>Join Solar&StorageXtra</strong></h2> <p>Subscribe to Solar&StorageXtra for top news, trends, and exclusive discounts on our events</p> <div class="wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex"> <div class="wp-block-button has-custom-width wp-block-button__width-100 has-custom-font-size jf100 has-small-font-size"><a class="wp-block-button__link has-black-color has-text-color has-background has-link-color has-text-align-center wp-element-button" href="/subscribe" style="background-color:#ffec00"><strong>Sign up for free</strong></a></div> </div> </div> </div><div id="block-14" class="et_pb_widget widget_block"> <div class="wp-block-group has-black-color has-text-color has-background has-link-color wp-elements-1c862b7a860d2f9e722893e1a911061e is-layout-flow wp-block-group-is-layout-flow" style="background-color:#454242"> <h2 class="wp-block-heading has-text-align-left has-white-color has-text-color has-link-color has-medium-font-size wp-elements-13da1696d25dab516c445420bbd800a2">Submit a press release</h2> <p class="has-white-color has-text-color has-link-color wp-elements-3d7a28abf34f937c5086b1a7901986b6">Upload now to share with our editorial team for approval</p> <div class="wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex"> <div class="wp-block-button has-custom-width wp-block-button__width-100 has-custom-font-size jf100 has-small-font-size"><a class="wp-block-button__link has-black-color has-text-color has-background has-link-color has-text-align-center wp-element-button" href="https://solarstoragextra.com/post-a-press-release/" style="background-color:#ffec00"><strong>S</strong>ubmit now</a></div> </div> </div> </div><div id="block-13" class="et_pb_widget widget_block"> <h4 class="wp-block-heading has-text-color has-link-color has-small-font-size wp-elements-a31099ef41094158e6f8826e8ff9b45f" style="color:#fcb040"><strong>MOST POPULAR THIS MONTH</strong></h4> </div><div id="block-10" class="et_pb_widget widget_block widget_recent_entries"><ul style="font-size:12px;" class="wp-block-latest-posts__list wp-block-latest-posts"><li><div class="wp-block-latest-posts__featured-image alignleft"><a href="https://solarstoragextra.com/60gw-solar-target-could-cut-uk-energy-costs-says-solar-energy-uk/" aria-label="60GW solar target could cut UK energy costs, says Solar Energy UK"><img loading="lazy" decoding="async" width="150" height="150" data-src="https://solarstoragextra.com/wp-content/uploads/2024/11/SolarStorageXtra-story-headers-2024-11-22T162352.815-150x150.png?crop=1" class="attachment-thumbnail size-thumbnail wp-post-image lazyload" alt="" style="--smush-placeholder-width: 150px; 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