PV Power Plant

Xcel Energy (NASDAQ:XEL) launches RFP to replace coal-fired power plant in Wisconsin with 650MW of solar-plus-storage projects to generate electricity for 135K homes and reduce CO2 emissions by 85% by 2030. Explore potential future uses of plant site after shuttering.

Rio Tinto - the world's second-largest miner - is launching the largest solar PV park in Canada's North to provide electricity to its diamond mine in the Northwest Territories. The project will reduce diesel consumption & GHG emissions by 50% by 2030.

Belectric has been awarded a contract to build a 28.5-MWp solar plant in Norwich, England. The plant is expected to be operational by summer 2024 and will be able to power 9,500 households annually. This is part of Belectric's increasing presence in the UK and Netherlands.

SGEL has won the 90 MW floating solar project in Madhya Pradesh with an INR 3.79 ($0.046)/kWh tariff. The project is expected to generate 4,781 MUs over 25 years and will be commissioned within 21 months of signing the PPA. SJVN is the second firm to win the project.

NTPC Renewable Energy Limited wins 80 MW floating solar project in Madhya Pradesh with low cost of INR 3.80 kWh. MP government to bear cost of battery energy storage system of INR 30 million for sustainable, clean and affordable energy supply.

ACEN has increased funding for the 133.5-MWp Cagayan North Solar Power project in the Philippines, part of a larger scheme planned to be operational in 2024. The new loan agreement will help build up the country's solar energy capacity and provide clean and renewable energy for the Philippines.

Luminous Energy achieves financial close on 28.5MW Bracon Ash Solar Farm in Norfolk, UK, providing £10k/year for community projects, 203% biodiversity gain & in line with Net Zero targets. Belectric to build & maintain. TLT, CMS, Fichtner & WTW advised.

Absa Group provides USD-24-million corporate loan to construct a 100-MW solar power plant in Ghana led by West Africa-focused PV developer Meinergy Technology Limited. This loan supports Ghana's renewable energy capacity & energy needs.

Larrakia Energy and Komipo partner with Northern Territory government to create a 300-MW solar project in the Greater Darwin Area. The joint venture with Progressive Green Solutions will create jobs and help the Territory reach its 2030 economy goal.

Matrix Renewables, a TPG-Rise backed company, acquires controlling interest in 200MWac/261MWdc solar project in Idaho. Output to power Meta's data center and will contribute to its goal of 100% renewable operations. Construction expected to begin Q3 2023.

Matrix Renewables acquires controlling stake in 200 MW/261 MWp Pleasant Valley Solar project in Idaho. Construction to begin in 2023 with a PPA in place with Idaho Power for electricity to Meta Platforms Inc. Adding to their 6,000 GW portfolio, Matrix Renewables contributes to a sustainable energy future.

BrightNight, Rivian Automotive, and The Nature Conservancy team up to build 800-MW solar park on former coal mine in Kentucky. USD-1-billion project will enable over 450 million miles of renewable energy-powered driving annually and create open-source guide to consider conservation, climate, and community.

Vena Energy and Kyudenko Corporation have successfully completed the Nanao Solar photovoltaic plant in Ishikawa Prefecture, Japan; a 51-MW solar park with 118,848 solar panels capable of powering 10,443 homes. This is Vena Energy's first renewable energy project in the region, part of their 43 GW solar park assets across the Asia-Pacific.

RWE and PPC invest in 280 MW solar park in Greece. Project expected to provide clean energy to region by the end of 2021 with PPC purchasing the entire output in 15 year PPA. Partially funded by the Greek RRF and 3 local banks with shareholders' equity. Part of 2 GW of large-scale solar projects.

Tokyo Gas Co Ltd has switched on a 21.9-MW solar farm in Tochigi prefecture, eastern Japan. This is the first large-scale solar power plant managed by Tokyo Gas that covers an area of 47 hectares and was constructed by Daiwa Energy Co Ltd and Watanabe Sato Co Ltd. Tokyo Gas also plans to invest in 6 GW of renewable energy capacity in Japan and overseas by 2030.