The latest renewable energy news includes announcements on Solargik, Crown Estate, Ventyr, SolarBank, among others.
Solargik Deploys 85 MW of Solar Projects in Italy with Smart Tracker Technology
Solargik, an Israeli solar technology firm, has deployed 85 MW of utility-scale solar power projects across multiple sites in Italy, integrating its proprietary smart solar tracker systems. These trackers use real-time data analytics, adaptive movement algorithms, and remote monitoring to maximize energy output and system reliability. The projects are engineered for high durability and terrain flexibility, reducing installation and maintenance costs. This deployment aligns with Solargik’s strategy to expand its presence in Europe and deliver high-efficiency, technology-driven solutions for large-scale solar operators. The projects support Italy’s renewable energy targets under the EU Green Deal and contribute to decarbonization goals by supplying clean power to thousands of households. Solargik’s innovation enhances grid integration, performance predictability, and return on investment, positioning it as a key enabler of smart solar infrastructure in evolving energy markets.
Crown Estate Funds Welsh Offshore Wind Scheme to Boost Floating Wind Development
The Crown Estate has provided funding to the South West Wales Floating Offshore Wind (FLOW) Task Force to support the early-stage development of floating wind projects in the Celtic Sea. Led by the Pembrokeshire Coastal Forum, the initiative brings together government, industry, and academia to advance infrastructure planning, port readiness, supply chain development, and stakeholder engagement. The investment aligns with the UK’s target of deploying 5 GW of floating wind by 2030 and aims to position Wales as a strategic hub for this emerging technology. The funding will enable environmental assessments, community outreach, workforce training, and innovation in marine and port logistics. The initiative supports regional economic growth, reduces project risk, and strengthens Wales’ role in driving clean energy transition and floating wind leadership in the UK and beyond.
Ventyr Selects DNV for Site Assessment of First Norwegian Offshore Wind Project
Ventyr, a joint venture between Parkwind and Ingka Investments, has appointed DNV to conduct the site condition assessment for the 1.5 GW Sørlige Nordsjø II Phase 1 offshore wind project, Norway’s first commercial-scale offshore wind development. DNV will oversee metocean studies, geophysical and geotechnical data evaluations, and regulatory compliance reviews to optimize project design and minimize early-stage risk. This initiative supports Norway’s national strategy to deploy 30 GW of offshore wind by 2040 and accelerates the country’s transition to clean, secure energy. Ventyr’s selection of DNV reflects a commitment to technical excellence, innovation, and sustainable development. The project will contribute to grid decarbonization, energy diversification, and regional job creation, while reinforcing Norway’s emerging role as a leader in North Sea offshore wind expansion and floating wind technology integration.
SolarBank to Deliver U.S. Solar Portfolio Ahead of Tax Credit Deadline
SolarBank Corporation is set to complete over 50 MW of solar projects across New York and Maryland ahead of upcoming changes to U.S. federal tax credit rules under the Inflation Reduction Act (IRA). The portfolio includes community and commercial-scale installations, strategically timed to maximize benefits from the current Investment Tax Credit (ITC) structure. The company’s approach involves accelerated construction schedules, streamlined permitting, and partnerships with local contractors and authorities. Projects will serve municipalities, schools, and commercial customers, supporting SolarBank’s mission to expand clean energy access and resilience through distributed generation. The use of high-efficiency PV technology ensures long-term energy yield and grid reliability. Benefits include lower energy costs, emissions reduction, improved energy independence, and enhanced clean energy equity, especially for underserved and public sector clients.
GreentechLead.com News Desk
