PV Power Plant

Voltalia celebrates inauguration of 49.9-MW South Farm Solar Park in Dorset, England, supplying power to City of London business district with annual output estimated to cover consumption of 35,000 people and over 50% of the Corporation's electricity needs.

Nexif Ratch JV achieves fin close on 74-MWp Philippine solar project: Joint venture of Nexif Energy and Ratch Group secures debt financing for construction of Calabanga solar plant, to be completed by Q2 2024. 70% of project cost to be funded through limited recourse.

China is constructing the world's largest photovoltaic facility, estimated to cost 45.2 billion yuan ($6.32 billion). The projected facility will be located in Shaanxi Province, and will feature an annual production of 100 GW monocrystalline silicon wafers and 50 GW monocrystalline cells.

Dubai has inaugurated the 900 MW fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park, reducing 1.18 million tonnes of carbon emissions annually and providing clean energy to 270,000 residences. It is expected to reduce 6.5 million tonnes of carbon emissions when fully completed.

ACWA Power and China Energy International Group sign EPC contract for Uzbekistan's solar PV project, promising to bring clean energy to the region and support Uzbekistan's commitment to a low-carbon economy.

SABIC awards Iberdrola a $76 million contract to develop a 100 MW solar plant in La Aljorra, complete with 260,000 solar panels. The plant will supply SABIC's polycarbonate facility with renewable electricity to support sectors such as automotive and construction.

Voltalia has officially inaugurated its largest solar park to date in the UK. South Farm Solar Park has a capacity of 49.9MW, enough to cover half of the City of London Corporation's electricity needs. The project is funded by Santander UK and contributes to the City of London Corporation's energy transition away from fossil fuels.

Chile's energy regulator and grid operator have criticized incentives for small plants, but lenders welcomed BlackRock's April deal for its competitive return on equity and low risk in a ESG-focused market.

Montenegro's CGES and MEnergy agree to connect 385MW solar power plant to the grid, with gov't support to grow solar energy. Tax incentives and network investments of EUR 195 million further the cause

Vena Energy has obtained JPY-16.9-billion financing for its 53-MW Kasama solar project in Ibaraki, Japan. The project will provide clean energy to over 14,000 households annually, as part of the company's 2.7 GW operational portfolio.

Trianel Energieprojekte GmbH & Co. KG (TEP), a developer of renewable energy projects, has kicked off the installation of 60 MWp of solar power in Germany, spanning four initiatives. Each of these projects will incorporate a battery storage facility.

The Hungarian government has officially announced the commencement of operations at the country's largest solar photovoltaic (PV) park. This 233-MW facility, located in Mezocsat, a municipality in the northern Borsod-Abauj-Zemplen county, was constructed by local developer PolSolar Kft.

PV project initially in the developer's strategies to provide 900MW of low carbon assets by 2026

The biggest floating solar array in The United States and Canada is now complete in New Jersey. Owned as well as operated by NJR Clean Energy Ventures, the 8.9-MW solar project covers 17 acres of the Canoe Brook reservoir in Short Hills, New Jersey. The project will certainly provide approximately 95% of the power requires for New Jersey American Water's Canoe Brook Water Treatment Plant.

German municipal utility SachsenEnergie and neighborhood steelmaker Feralpi Stahl are preparing to jointly construct a 150-MW solar park in the federal state of Saxony to secure a lasting power supply for the business in the region.