Solar Project

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

UAE-based renewables significant Masdar has made the lowest bid for the 1.8-GW sixth phase of the Mohammed bin Rashid Al Maktoum solar project in Dubai, offering USD 0.01621 (EUR 0.015) per kWh.

Building has started on the Fresno Disadvantaged Community (DAC) Solar Farm, the largest shared solar project for deprived communities in California and the first utility-scale solar farm within Fresno.

The Export-Import Bank of the USA (EXIM) will certainly extend a direct car loan to back the building and construction of two solar parks in the Republic of Angola amounting to more than 500 MW.

French energy significant TotalEnergies SE (EPA: TTE) is set to start service a project for the construction of a 1-GW solar park in southerly Iraq after getting the green light from the city government recently.