UTILITY-SCALE SOLAR

Saudi Arabia's PIF raises stake in ACWA Power

Saudi Arabia's Public Investment Fund (PIF) has elevated its shareholding in renewable resource programmer ACWA Power.

Dec 1, 2020 // Markets & Finance News, EPC, UTILITY-SCALE SOLAR, ACWA Power, Mohammad Abunayyan, saudi arabia pif, saudia arabia

Sonnedix proceeds Chile solar growth with 160MWp project procurement

Sonnedix has acquired a Chilean solar project currently under advancement that will certainly become the independent power producer's third-largest PV plant when functional.

Nov 30, 2020 // Plants, Large-Scale, Commercial, UTILITY-SCALE SOLAR, IPP, Sonnedix, Axel Thiemann, Chile, South america, project acquisition

Repsol targets 15GW of renewables capacity by 2030

Repsol will increase investment in solar PV and also wind in the following 5 years as seek to reach 15GW of renewable energy capability by 2030.

Nov 27, 2020 // Markets & Finance News, UTILITY-SCALE SOLAR, Spain, Chile, South america, Europe, hydrogen, large-scale solar, green hydrogen, repsol, Josu Jon Imaz

Doubts continue to be over need of Spain's new renewables auction system

Concerns have actually been raised about the requirement for Spain to turn out a new renewables auction mechanism to increase PV installment prices and fulfill its 2030 green power targets.

Nov 26, 2020 // Markets & Finance News, UTILITY-SCALE SOLAR, Spain, Axpo, Europe, auction, x-elio, tenders, everwood capital, Ana Barillas, Jaime Vázquez

Floating PV as well as land close to freeways to be included in Portugal's 2021 solar public auction procedure

Great deals for PV projects on dams as well as close to motorways are set to be included in Portugal's third solar tender, the nation's state assistant for energy, João Galamba, has said.

Nov 25, 2020 // Plants, Floating PV, UTILITY-SCALE SOLAR, Portugal, floating PV, auctions, Europe, solar-plus-storage, tenders, joao galamba

Vesper Energy to fast-track growth people solar pipe after shutting Macquarie financing

US renewables owner Vesper Energy is set to accelerate the growth of its solar and also storage pipe in North America after shutting a letter of credit facility for approximately US$ 100 million.

Nov 25, 2020 // Markets & Finance News, USA, UTILITY-SCALE SOLAR, North America, Macquarie Group, Craig Carson, magnetar capital, vesper energy, credit facilit

French solar industry warns of 'economic catastrophe' if suggested subsidy cuts proceed

French solar designers, financiers and utilities have claimed government strategies to cut subsidies for PV project owners would certainly cause an "economic disaster" that might threaten the nation's power shift.

Nov 18, 2020 // Markets & Finance News, UTILITY-SCALE SOLAR, France, Europe, SolarPower Europe, financing, Enerplan, syndicat des energies renouvelables

AES to merge United States growth arm with sPower, creating 12GW US tidy energy pipeline

AES Corporation is to merge its US-facing clean power growth company with independent power producer sPower, producing a platform with a 12GW project pipe in the country.

Nov 18, 2020 // Plants, Large-Scale, Commercial, USA, UTILITY-SCALE SOLAR, IPP, sPower, North America, AES, Andrés Gluski

Magnetar Capital secures 3GW United States solar pipe with Lendlease deal

A United States development pipeline containing 3GW solar and also 2.5 GWh of energy storage space has altered hands as asset manager Magnetar Capital acquires the renewable energy company of Lendlease.

Nov 17, 2020 // Plants, Large-Scale, Markets & Finance News, Storage, USA, UTILITY-SCALE SOLAR, North America, Craig Carson, Utility-Scale Storage, magnetar capital, vesper energy, Adam Daley

RWE's solar as well as wind portfolio to reach 10GW by year-end regardless of commissioning delays

Germany's RWE is on track to increase its solar as well as wind portfolio to 10GW by the end of 2020 as the company increases its renewable energy development following project appointing hold-ups due to the coronavirus pandemic.

Nov 12, 2020 // Plants, Markets & Finance News, UTILITY-SCALE SOLAR, Germany, Europe, rwe, Markus Krebber, green hydrogen, covid-19

Shell checks out advancement of utility-scale solar in Singapore as part of discharges push

Oil and gas significant Shell is looking to increase its use solar PV in Singapore as part of plans reduced its CO2 exhausts in the country by a 3rd within a decade.

Nov 11, 2020 // Markets & Finance News, UTILITY-SCALE SOLAR, Asia, Singapore, shell, big oil, royal dutch shell, Aw Kah Peng

Colombia prepares 2021 renewables auction to become 'leader in Latin America's power shift'

The federal government of Colombia has actually introduced plans to hold a renewable energy auction in the very first quarter of 2021 that it says could stand for an investment of greater than US$ 6 billion in the nation.

Nov 11, 2020 // Plants, Markets & Finance News, UTILITY-SCALE SOLAR, South america, Latin america, auctions, auction, tenders, Colombia, Iván Duque, upme

Renewables defies COVID to establish brand-new records in 2020, will certainly speed up even more in 2021

Renewables will certainly be in charge of almost 90% of brand-new power capacity this year as the field shrugs off COVID-19, with an even better 2021 imminent.

Nov 10, 2020 // Markets & Finance News, USA, UTILITY-SCALE SOLAR, India, China, Europe, Asia, North America, IEA, Fatih Birol, covid-19, pandemic

Spain overhauls renewable energy auction mechanism as nation eyes 60GW of brand-new capability

Spain has actually approved a new framework for executing clean power public auctions with the initial set to proceed by the end of the year, as the country seeks to set up around 60GW of renewables by 2030.

Nov 4, 2020 // Markets & Finance News, UTILITY-SCALE SOLAR, Spain, UNEF, tender, Europe, decarbonisation, renewable auction, José Donoso

Dominion Energy suggests 500MW of new solar projects for Virginia

Dominion Energy has sent propositions for nine brand-new solar projects in Virginia with a combined capability of nearly 500MW as the utility remains to develop out its renewables profile to satisfy its tidy energy responsibilities in the state.

Nov 3, 2020 // Plants, Large-Scale, USA, UTILITY-SCALE SOLAR, Virginia, Dominion Energy, North America, irp, Katharine Bond, Ed Baine

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