Why capacity factor is an increasingly simplistic way to compare solar farm performance
Capacity factor is often discussed when evaluating and comparing the efficiency and performance of solar farms. However, looking just at this metric can be misleading as it ignores many underlying technical and commercial factors, as solar farm specifications almost never align for a simple apples-to-apples comparison.
Global study highlights potential of floating solar
An international group of researchers has calculated the potential for floating solar across the world. The results show a generation potential of 9,434 TWh per year across 114,555 global reservoirs, with 30% of their area covered. The United States leads with 1,911 TWh per year of potential, with Australia coming in 8th, with 210 TWh per year.
Developer X-Elio sells to Brookfield extending fund’s position in Australia
Canadian investment giant Brookfield will acquire the remaining 50% stake in Spain-based renewables developer X-Elio from its joint venture partner, investment firm KKR. X-Elio has more than 500 MW of projects in development in Australia and the move from Brookfield, which is also currently looking to takeover Origin Energy, a major Australian “gentailer,” extends the ambitious company’s hold in Australia.
India exempts some solar projects from domestic content requirements
India’s Ministry of New & Renewable Energy has exempted solar projects from domestic content requirements if they are commissioned by March 31, 2024. The move provides developers with the flexibility to source modules at more cost-competitive rates, according to Indian ratings agency ICRA.
Investment ‘boom’ in Australia sees utility-scale jump 50%, puts targets within reach
New investment in solar and wind hit a record 7.1 GW in Australia in 2022, with the Clean Energy Regulator reporting a 50% increase in large-scale projects reaching final investment decision compared to 2021. In total, 5.3 GW of new renewable energy capacity was added to the grid in 2022, according to the Regulator’s State of Renewables report.
Iberdrola using dogs, robots to monitor solar plants
Iberdrola is using a springer spaniel in a solar park to smell electrical problems that could lead to power cuts. It is also using a robotic dog to detect and analyse faults in substations.
Solar grazing methods a centrepiece of inaugural agrivoltaics conference
Dan French, executive producer of the Solar Farm Summit, told pv magazine USA that more than 500 farmers, manufacturers, and community solar developers likely attended the first US agrivoltaics conference in Chicago last week.
Skylab plans giga-scale solar and battery project for Queensland
Australian solar tracking distributor and renewable energy project developer Skylab has unveiled ambitious plans to build an almost 1 GW solar farm and battery energy storage facility in regional Queensland.
Solmax unveils reflective membrane to increase power yield in bifacial PV projects
Canada-headquartered Solmax will seek to build its presence in the Australian utility scale solar sector having developed a reflective membrane which it claims can increase the energy yield of a bifacial PV project by between 5% and 20%, depending on the plant configuration.
ACEN marches ahead with 720 MW New England Solar Farm
The largest solar farm yet developed in New South Wales has been officially opened with clean energy company ACEN Australia confirming the 400 MW first stage of its planned 720 MW New England Solar Farm is now progressing through the commissioning process.
