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Madrid-based renewables developer EDP Renovaveis SA (ELI: EDPR) has actually protected a 15-year contract-for-difference (CfD) for a 50-MW solar project in Hungary in the nation's latest renewables auction.

A round-up of the current news from the United States solar market, consisting of information from National Grid, Enact Systems as well as Inovateus Solar.

Pexapark, a provider of software as well as advising solutions for post-subsidy renewable resource sales, has actually encouraged on the recently-signed offtake agreement in between EKZ Renewables AG, a Swiss renewable energy financier, and also the Spanish subsidiary of energy trading firm Axpo. This bargain is the 2nd power acquisition arrangement (PPA) signed in the Iberian area, and third signed in Europe, that Pexapark has successfully sustained in the past 6 weeks.

German renewable energy manufacturer Pacifico Renewables Yield AG (ETR: PRY) claimed on Tuesday it has actually shut the purchase of six solar parks in the Netherlands, bringing its year-to-date acquisition portfolio to virtually 100 MW.

United States data centre services provider QTS Realty Depend on Inc, a portfolio firm of Blackstone Inc (NYSE: BX), has actually subscribed to virtually 350 MW of brand-new renewable resource capacity as part of a newly-signed 20-year handle utility Georgia Power.

EDF Renewables North America and Power Sustainable Energy Infrastructure Inc. have launched the Desert Quartzite solar-storage park in Riverside County, California, with a capacity of 300-MWac/372-MWdc. This facility, located on federal land managed by the Bureau of Land Management, is projected to generate enough power to support over 163,000 average California homes and reduce carbon dioxide emissions by more than 669,000 tonnes. The energy produced will be sold under a 20-year power purchase agreement with Clean Power Alliance.The project features a 150-MW battery energy storage system designed to store solar energy during peak generation times for later use when demand increases. PSEI acquired a 50% stake in the project last summer, partnering with Potentia Renewables Inc., which served as an integrated developer and operator for the initiative. What are the environmental and operational impacts of the Desert Quartzite solar-storage park? Environmental and Operational Impacts of the Desert Quartzite Solar-Storage Park Environmental Impacts Reduction of Greenhouse Gas Emissions: The estimated reduction of over 669,000 tonnes of carbon dioxide emissions contributes significantly to combating climate change and improving air quality in the region. Land Use Considerations: Being constructed on federal land managed by the Bureau of Land Management, the project may influence land use patterns, potentially affecting local ecosystems and wildlife habitats. Water Utilization: Solar energy generation typically requires minimal water for operations, especially compared to conventional power plants. This is a vital consideration in arid regions like Riverside County, where water conservation is crucial. Invasive Species Management: The development will require monitoring and management to prevent the introduction of invasive plant and animal species that may disrupt local ecosystems during construction and operation. Habitat Preservation and Restoration: Developers may need to implement habitat preservation strategies, including restoration of disturbed areas to support local flora and fauna. Operational Impacts Capacity and Reliability: The combination of solar power generation with a 150-MW battery energy storage system enhances the reliability of energy supply, ensuring that energy is available even when solar generation is low, such as during cloudy days. Local Economic Benefits: The construction and operation of the solar-storage park can create jobs in the local community, including both low-skilled and highly skilled positions in construction, maintenance, and project management. Grid Stability: The ability to store energy allows the facility to play a crucial role in stabilizing the grid, particularly during periods of peak demand, thus enhancing overall energy security. Technological Innovation: By integrating advanced solar technology with battery storage, the project can serve as a testing ground for new energy management systems, potentially leading to improved efficiencies that can benefit future renewable energy projects. Community Engagement and Education: Projects like Desert Quartzite often engage with local communities, promoting awareness of renewable energy benefits and potentially fostering a culture of sustainability. Long-term Sustainability Resilience to Climate Change: The establishment of renewable energy infrastructures like Desert Quartzite contributes to a more sustainable energy grid that is less dependent on fossil fuels, enhancing resilience against growing climate-related disruptions. Potential for Future Expansion: Successful operational outcomes could pave the way for further developments in nearby areas, scaling up renewable energy capacity to meet increasing energy demands. Emphasis on Sustainable Practices: The solar-storage park may adopt sustainable construction practices, promoting the use of local materials and environmentally friendly processes throughout its lifecycle.

Power plants in Spain created 54% of their electrical energy from clean as well as eco-friendly sources in May, Spanish grid operator Red Electrica de Espana (REE) stated in its estimates report for the month.

Canadian energy transport as well as circulation group Enbridge Inc (TSE: ENB; NYSE: ENB) has actually secured a USD-270-million (EUR 275.7 m) bargain to get US renewables developer Tri Global Energy (TGE) which has a development portfolio of over 7 GW of wind as well as solar.

Oil group Eni and also Italian state loan provider Cassa Depositi e Prestiti (CDP) have actually developed a joint venture (JV) that will spend more than EUR800 million (US$ 953 million) in Italy's renewables sector by 2025.

Ingka Investments—renewables arm of the IKEA retailer—has bought three operational Dutch solar parks totalling 76 MW from SUSI Partners, its first PV deal in the Netherlands.

Norwegian power team Equinor ASA (NYSE: EQNR) has actually taken over Polish onshore renewables developer Wento, which has an overall web pipe of around 1.6 GW of solar projects in various stages of advancement.

The Southern Company-owned utility’s larger-than-expected storage rollout points toward a big new market in the Southeast.

Borosil Renewables has prepare for doubling its capacity of solar glass producing to 900 tonnes daily with a financial investment of Rs 500 crore.

Chile is an overachiever in meeting its electrical power requires from renewables Its target was to achieve 20 per cent by 2025 South American country Chile has actually emerged as a surprise success story when it comes to adding renewable capacity. The nation has virtually 22 percent of its electrical energy demand met by solar as well as wind farms.

Duke Energy has stated it will certainly proceed progressing its ambitious tidy power objectives without the Atlantic Coast Pipeline (ACP) by buying renewables