Solar Plants News

Globeleq acquires majority stake in Mozambique's Mocuba solar PV power farm, part of a 400MW African portfolio. Temane gas-to-power & Namaacha wind projects to reach financial close & commercial operations in 2024.

Rubis Photosol secures EUR 60 million loan from Bpifrance, BRED Banque Populaire and CIC for 8 solar projects, ranging 2MW-20MW. Two projects in Bellac and Mainzac will supply energy to Leroy Merlin. Construction underway, with Rubis Photosol managing operations and maintenance.

Statkraft is investing EUR 30 million in El Rancho, a 42.2-MW solar farm in Andalusia, Spain. This massive project will generate enough clean energy to power 30,000 homes annually, taking Statkraft's total investments in the region to a staggering EUR 500 million.

MPC Caribbean Clean Energy Fund secures financing for phase II of its Monte Plata solar farm in the Dominican Republic. Expansion to 75.6 MWp capacity with PPA monetisation expected to be operational in 2024. German asset and investment manager MPC Capital AG leads the project.

Iberdrola's new 86MW hybrid facility in Cedillo, Spain is the first of its kind in the country. Combining hydroelectric and photovoltaic technologies, the project minimizes environmental impact and creates more stable and efficient renewable production. Iberdrola has plans to invest in more hybrid plants, with 5200MW already installed in Extremadura.

Renewable energy producer Neoen has won four solar projects totaling 104.4 MWp in a tender, including three agrivoltaic initiatives to combine sheep farming with solar power generation. When complete, these projects will provide enough clean energy to power 50,000 people in France.

Renantis' 9.7-MW solar agrivoltaic plant officially in operation in Sicily: An innovative project that offers a 6% return for investors while creating jobs and supporting renewable energy.

Harnessing solar energy in Sanzhuang, Shandong province, a new 90-megawatt project is reducing CO2 emissions while creating jobs for local farmers and planting honeysuckle. Power up with clean energy!

Brazil's Sudene approves USD 20.4m loan to Jaiba CE Energias Renovaveis for 40MW solar power plant, expected to meet the energy needs of 500,000 households by 2024.

Neoen has announced the construction of the 440MWp Culcairn Solar Farm, expected to create over 400 jobs and power 160,000 homes. Neoen has also secured a Long-Term Energy Services Agreement with the NSW government to help achieve its net zero emissions target.

SOFAR's new 300 MW utility project in China's Tengger Desert is expected to generate 540M kWh annually and save 160,000 tons of SCE. Over 1,300 inverters and the I-V scanning and SSLD feature for efficient and safe operation reflect the company's commitment towards global carbon neutrality. By 2022, SOFAR aims to increase production capacity to 10 GW for inverters and 1 GWh for batteries.

Origis Energy secures USD-344m loan from MUFG to finance a 200 MWac solar and 200 MWh energy storage project in Lowndes County, Mississippi. The project will provide 500 MWac of solar and 600 MWh of battery storage, supplying electricity with grid resiliency for a 25-year period. Construction has already started.

Valorem secures ETA for 300 MW solar project in Thessaly, powering 40,000 homes with 550 GWh of electricity each year. REN VALOREM Hellas is set to develop 700 MW of renewable energy in Greece.

Goldbeck Solar GmbH & Suncatcher Gruppe successfully sold a 9-MWp solar power complex in Barlinek, Poland. The 16,500 solar panels are estimated to provide clean energy to 4,000 households. Operations began in December 2023 - the first solar system of its kind in Poland.

Nordic Solar A/S has begun construction on a 53-MWp solar park in Central Spain, set to supply 28,000 European households annually with renewable energy. This ambitious project is in partnership with Elecnor SA and adds to Nordic Solar's 390 MWp of operational solar capacity across Europe.