Solar Plants News

IFC and SIMA Funds join forces to finance solar projects in Africa, supporting small businesses and promoting sustainable energy solutions. A game-changer for the continent's solar sector.

The EBRD guarantees a loan for Enery's solar plant project in Bulgaria, supporting the country's renewable energy goals and phasing out coal-fired power generation.

Ib Vogt partners with AirTrunk for a virtual power purchase agreement, bringing renewable energy to Malaysia's Corporate Green Power Programme. Construction starts in 2024.

Recurrent Energy secures $160M financing for Bayou Galion Solar project in Louisiana, with Microsoft purchasing all energy to support its carbon-negative goal. Louisiana set to become a major player in solar energy with projected 3,000 MW increase.

North Ayrshire Council takes a groundbreaking step towards sustainability with the construction of two solar farms, generating clean energy and revenue for the community.

Solektra's upcoming 2.0 MW solar power plant in Croatia marks a significant step towards the country's renewable energy goals, reducing reliance on fossil fuels and embracing sustainability.

Colbun's Celda Solar project in northern Chile is set to become the largest solar investment in the Arica y Parinacota region, harnessing the area's favorable conditions for solar energy and contributing to renewable energy goals.

Innova's latest solar projects in England and Scotland will power over 16,000 homes, with the largest farm in East Suffolk generating electricity for 6,292 local households.

Waaree Renewable Technologies secures a INR 5.48bn contract for a 335 MW solar project, adding to their impressive unexecuted order book of 1.16 GW.

French utility company Veolia is set to deploy 300 MW of solar power capacity at restored landfill sites, aiming to make its services energy self-sufficient and generate electricity for 130,000 residents.

Westbridge Renewable Energy Corp plans to expand its European portfolio with two solar projects in Italy, adding 62 MW of power generation capacity, as it aims to diversify its presence and tap into Italy's promising renewable energy market.

Greek energy company Mytilineos secures financing for 588MWp solar portfolio in Chile, with DNV's advisory role playing a crucial part in achieving this milestone. The projects are expected to generate 1.6TWh of green electricity annually and reduce over 1 million tonnes of CO2 emissions each year. Enel Chile commits to purchasing most of the power produced through 10-year power purchase agreements.

Octopus Renewables Infrastructure Trust (ORIT) expands its renewable energy portfolio with the acquisition of four solar farms in Dublin, Ireland, bringing its total capacity to 735MW. Microsoft commits to a 15-year Power Purchase Agreement for the electricity generated. ORIT also plans to invest in offshore wind with a £3 billion fund.

Danish renewable energy company Better Energy secures funding from Jyske Bank for 200-MWp solar parks, powering 131,000 Danes. Collaboration with Industriens Pension continues to expand.

EBRD considers EUR 55 million loan for two solar parks in Romania, boosting renewable energy and reducing carbon emissions.