PV Power Plant
Enel X to Power Rome Airport w/22 MW Solar Plant
Enel X and ADR to deliver a 22MW solar plant to Leonardo da Vinci Airport, Rome, by 2024, accompanied by a 10MWh storage system and covering an area of 340,000 square metres. A key part of ADR’s goal for zero CO2 emissions by 2030. A significant step to mitigate climate change and relaunch the Italian airport sector.
Jun 23, 2023 // Plants, Large-Scale, Commercial, PV Power Plant, Enel X, Rome
Ilmatar Secures Land for 350MW Swedish Solar
Ilmatar, a Nordic developer, has secured land for a proposed 350MW solar farm in Grums, Sweden. Working with local landowners, the farm will be one of the largest in Sweden, using timber forest damaged by bark beetles. Christian Gustafsson, Ilmatar's CEO, looks to expand renewable energy for Sweden with the project. Anders Bergenheim, a local landowner, is excited about the collaboration.
Jun 22, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Sweden, Europe, PV Power Plant, Ilmatar
64MW Solar PPA: Axfood, Alight Unlock New Era of Renewable Energy in Sweden
Alight has signed a PPA with Axfood for the largest solar park in Sweden, unlocking non-recourse project financing. SEB will provide the debt financing to build the 64MW park, which will be operational in 2024 and feature initiatives to promote biodiversity.
Jun 21, 2023 // Plants, Large-Scale, Commercial, Sweden, PPA, Europe, PV Power Plant, Alight, Axfood
Bolette: Floating Solar Unlocked
Fred Olsen 1848 has launched Bolette - a proprietary system to allow floating solar arrays to cope with wave and wind loads. Bolette is a cost-effective and simple solution, with 150kW pilot installation planned in Norway this summer and 3MW commercial project in 2024. Unlock the potential of floating solar with Bolette.
Jun 20, 2023 // Plants, Floating PV, Europe, Norway, PV Power Plant, Fred Olsen 1848
CITIC Invests $519m in 600 MWp Solar Park in Brazil
CITIC Group Corp will invest BRL 2.5 billion to develop a solar project with a capacity exceeding 600 MWp in Brazil, creating 400-500 jobs and supporting the "Minha Casa, Minha Vida" housing programme.
Jun 19, 2023 // Plants, Large-Scale, Commercial, South america, Brazil, PV Power Plant, CITIC Group Corp
Voltalia Opens 50-MW Solar Park for London's Square Mile
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.
Jun 19, 2023 // Plants, Large-Scale, Commercial, Voltalia, PV Power Plant, England
Nexif Ratch Closes 74-MWp Solar Deal
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.
Jun 19, 2023 // Plants, Asia, Philippines, PV Power Plant, Nexif Ratch
China Begins $6.32bln World's Largest Solar PV Project
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.
Jun 19, 2023 // Plants, Large-Scale, Commercial, China, Asia, PV Power Plant
Dubai Unveils World's Largest Solar Park
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.
Jun 19, 2023 // Plants, Large-Scale, Commercial, Dubai, PV Power Plant
Uzbekistan's Solar Ambition: ACWA & CEEC EPC Deal
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.
Jun 19, 2023 // Plants, Commercial, Asia, Uzbekistan, acwa, PV Power Plant
$76M Solar Project: SABIC & Iberdrola's Global Partnership
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.
Jun 16, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Iberdrola, PV Power Plant, SABIC, La Aljorra
UK Solar Park Powers Up: Voltalia, City of London Corp
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.
Jun 16, 2023 // Plants, Large-Scale, Commercial, UK, Voltalia, Europe, PV Power Plant, City of London Corporation
Big Investors Bet on Chilean Solar: ESG's Stable Prices
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.
Jun 15, 2023 // Plants, Markets & Finance News, BlackRock, Chile, South america, PV Power Plant
385 MW Solar Plant Comes to Montenegro
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
Jun 14, 2023 // Plants, Grids, Europe, PV Power Plant, Montenegro, CGES, MEnergy
Singapore's Vena Energy Powers Up 53-MW Solar Project in Japan
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.
Jun 14, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Japan, Asia, Singapore, PV Power Plant, Vena Energy, Solar Project
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