British Solar Renewables has reached financial close on a 12-project solar portfolio with three co-located battery assets. The $718 million financial package covers 536 MW of PV capacity and 146 MWh of energy storage in the United Kingdom and Australia.
Australian-owned developer Quinbrook Infrastructure Partners has announced that its 373 MW Cleve Hill Solar Park – the largest solar plant in the United Kingdom to date – is now exporting 100% of its capacity to the grid. Under construction, co-located energy storage is to come online later.
Australian-owned Quinbrook Infrastructure Partners has completed financing for the Cleve Hill Solar Park in England. The solar and storage project will be the largest in the United Kingdom when it goes live later in 2025.
Oil and gas giant BP wants to sell its stake in Lightsource BP just four months after completing a full takeover of the renewables developer, as a part of a new “strategy reset” will also cut company’s investment in energy transition by $5 billion per year.
As solar deployment accelerates in markets where high ambient temperatures are the norm, researchers across the globe continue to experiment with new approaches to cooling PV modules. A cost-efficient solution could have a significant impact on project efficiency and panel lifespans.
Forecasting efforts which brought Northern Territory projects back online impressed jurors in the highly competitive pv magazine Awards Projects category.
Deal for 50.03% of Lightsource BP leaves oil and gas giant with total control of renewables developer. Lightsource BP is expected to continue trading with a standalone operating model, retaining its independent brand.
United Kingdom-headquartered battery analytics platform developer Modo Energy is expanding into the Australian market.
Swiss-German PV manufacturer Meyer Burger has announced company restructuring plans, put an end to a proposed United States solar cell plant and put on hold plans for capacity expansion at an existing module production plant in the US. Existing cell production site in Germany to remain part of Meyer Burger operations.
A new survey from US-based impact measurement company 60 Decibels shows off-grid energy customers are currently facing a series of challenges such as product affordability, gender inequality, customer support, further investment in minigrids, and over-indebtedness. The report, however, reveals that most users say the quality of their lives “very much improved” thanks to off-grid PV.