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Global solar power capacity expected to rise from 480 GW in 2018 to over 8000 GW by 2050, IRENA report finds

New report “Future of Solar Photovoltaic” launched  by the International Renewable Energy Agency (IRENA) at “Sun World 2019” event, which took place from November 12 to 14 in Peru, finds that by 2050 solar PV would represent the second-largest power source behind wind, generating a quarter of the world’s power. In total, global solar power capacity would rise from 480 GW in 2018 to over 8000 GW by 2050, growing by nearly 9 per cent every year, report finds.

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Audax Renovables and Innogy sign PPA for 50 MW Alarcos solar farm in Spain

Spain-based renewable energy company Audax Renovables S.A. (Audax) announced it has signed a Power Purchase Agreement (PPA) with energy company based in Germany,  Innogy SE,  regarding the supply of green power from Innogy’s  50 Megawatt (MW) Alarcos solar farm in Spain.

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Green Lantern Solar completes 6.7MW solar and storage project in Vermont for Green Mountain Power

Green Lantern Solar, a U.S. based renewable energy development company headquartered in Vermont, announced it has completed the development and construction of a 6.7MW solar array and 2 MWh battery storage facility in Essex, Vermont.

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Solaria to install 626 MW solar PV plant in Guadalajara, Spain

Spain-based  solar PV developer and green power generation company, Solaria Energía y Medio Ambiente, S.A. (“Solaria”), announced it has obtained approval to install a 626 MW solar PV plant connected to a 400-kV substation located  in Trillo, Guadalajara province, in the Spanish region of Castile-La Mancha, where Solaria acts as the power generation company or  single node interlocutor.

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ACWA Power signs PPA with Egypt for 200 MW Kom Ombo PV plant

ACWA Power, a leading international developer and operator of power generation and water desalination facilities from Saudi Arabia, announced it has signed a Power Purchase Agreement (PPA) with the Government of Egypt to develop, finance, construct and operate the Kom Ombo photovoltaic plant, which will yield a capacity of 200 MW.

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