PV Power Plant

Duke Energy Corp has signed a 20-year contract for a 199 MW solar project to generate enough green energy to power 35,000 homes. As part of the Indiana Integrated Resource Plan, Duke Energy is moving towards a cleaner energy future with 2,218 MW of solar, 450 MW of solar-plus-storage, and 6,200 MW of wind power.

Equinor has commissioned its second Polish solar plant, Zagórzyca. Developed and operated by the Polish renewable power producer Wento, the 60MW facility is part of Equinor's 1.6GW solar pipeline and is supported by Danske Commodities' electricity sales. 500 people were involved in the construction of the 55 hectare plant. Equinor's commitment to Poland's energy transition is evident.

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.

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.

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.

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.

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.

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.