Saint-Gobain: 100-MW N. American Solar PPA Signed
TotalEnergies is providing Saint-Gobain with clean energy from 100 MW of its 400 MW solar project in Texas, reducing emissions by 90,000 tonnes annually. This is the third PPA for Saint-Gobain in North America, helping reach its goal of carbon neutrality by 2050.
Sep 21, 2023 // Markets & Finance News, USA, Texas, North America, Solar Project, Saint-Gobain, TotalEnergies
EiDF Purchases 238 MWp of Solar Projects in Spain
EiDF acquires 238 MWp of solar projects in northern Spain, including two large-scale projects with an EIS in place. Commitment to smaller-scale projects remains for commercial and industrial customers.
Sep 1, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Europe, Solar Project, EiDF
Saudi's $123M Egypt Solar Closes Financing
ACWA Power has closed financing for 200MW Kom Ombo solar project in Egypt, with $123 million of the total $182 million investment coming from international institutions. In January 2024, the plant will provide electricity to 130,000 households and help Egypt meet its 2035 goal of 42% renewable energy.
Aug 30, 2023 // Markets & Finance News, Asia, Africa, Egypt, ACWA Power, Solar Project
Trina Solar Powers 140MW Albanian PV Project
Trina Solar and Voltalia have partnered to build Karavasta Solar, a 140MW solar project in Albania. Funded by EBRD, the project is expected to generate electricity and employment to the local community, with 1% of the total investment going towards social initiatives.
Aug 17, 2023 // Markets & Finance News, Europe, Trina Solar, Albania, Solar Project
CIMIC Acquires 300MW Solar Project in Qld
CIMIC Group's unit Pacific Partnerships acquires rights to develop 300-MW DC solar project in Queensland, capable of providing power for around 100,000 average-sized homes. Juan Santamaria notes Queensland is strategic focus for their diversified energy and utilities portfolio. Engineering, procurement and construction to be managed with an aim to commission in 2026.
Aug 17, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, queensland, Solar Project, CIMIC
1.6 MW Solar Boosts MCE Renewables
MCE has just added 1.6 MW of solar energy in California and is partnering with local developers to support its Feed-in Tariff program, creating quality jobs with family-sustaining wages and helping to meet California's 2045 carbon-free energy goal.
Aug 9, 2023 // Plants, USA, North America, Solar Project, MCE
Matrix Acquires Big Stake in 200-MW Idaho Solar
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.
Aug 3, 2023 // Plants, USA, North America, PV Power Plant, Solar Project, Idaho, Matrix Renewables
$2.2B Financed for Saudi's Largest Solar Project
Financing for Al-Shuaibah 1 & 2 solar projects secured by ACWA Power at SR8.3 billion. Investment to power 350,000 homes in Saudi Arabia to support Vision 2030 energy goals. Consortium of local, regional, international banks to provide SR6.1 billion in senior debt & SR4.4 billion US-dollar commercial facility. Project to begin commercial operations by Q4 2025.
Jul 17, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Saudi Arabia, Asia, ACWA Power, PV Power Plant, Solar Project
Alberta Solar Projects Get $160M Boost
Canada's federal government has announced a C$160-million grant to fund nine solar projects in Alberta, creating employment, reducing emissions, and providing energy for 12,000 homes. Indigenous, farming and energy industry partners come together to promote harmony and collaboration with SREPs program.
Jul 17, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, alberta, Solar Project
Heelstone Secures 320MW US Solar Funding
Heelstone Renewable Energy LLC closes tax equity investment with Advantage Capital to fund four utility-scale solar projects with a combined capacity of 320 MW DC in Georgia, expected to power over 55,000 homes annually in late 2023 or early 2024.
Jul 14, 2023 // Markets & Finance News, USA, North America, heelstone renewable energy, Solar Project
Energiekontor Hits FID on 60MW German Solar PV Project
Energiekontor has reached financial close on a 60MW solar park in Brandenburg, Germany, with construction starting in Q3 2024 and 68GWh of green electricity generated in its 1st year of operation. It also has the option to develop solar parks with a total capacity of 225MW in Germany and France.
Jul 11, 2023 // Plants, Markets & Finance News, Germany, Europe, Solar Project, Energiekontor
GSEO Completes Hybrid Solar-Storage Project in Oz
Victory Hill Global Sustainable Energy Opportunities (GSEO) completes phase 2 of the solar and storage hybrid system in Australia with the addition of a 4.95MW two-hour battery energy storage system. GSEO continues to optimize the grid connection for better renewable power availability.
Jul 11, 2023 // Plants, Large-Scale, Storage, Australia, Oceania, Solar Project, GSEO
Duke and Amazon: 2-MW Rooftop Solar Project In Kentucky
Duke Energy and Amazon have launched a 2-MW rooftop solar project in Northern Kentucky, providing clean energy to 400 homes and businesses. The project is part of Amazon's commitment to reach net zero carbon emissions by 2040. Duke Energy has three other solar sites in the region.
Jul 7, 2023 // Plants, Markets & Finance News, Rooftop PV, USA, Amazon, Duke Energy, North America, Solar Project
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
Intec obtains EPC jobs for 22 MWp of solar projects in Germany, Italy
German engineering, procurement and also building and construction (EPC) service firm Intec Energy Solutions has won two separate contracts to develop solar power projects in Germany and Italy with a consolidated targeted capacity of 22 MWp.
Jun 9, 2023 // Plants, Large-Scale, Commercial, Germany, Italy, Europe, Solar Project, intec
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