Solar Plants News

Globeleq has agreed to acquire a 75% stake in Mozambique's 41 MW Mocuba solar plant, showcasing its commitment to African power production. The company is also in the process of commissioning two additional projects with a total capacity of 400 MW.

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.

Three Gorges Renewables is building the world's first full-scale commercially tested dual-tower CSP project in Guazhou, Gansu Province. With an investment of 4.93 billion yuan, a 100MW molten salt technology will generate solar, photovoltaic and wind power. Construction to be completed in 2023.

Empower Energies Inc. secured five distributed generation photovoltaic (PV) projects totaling 35.3 MW in upstate New York. With over 200 MW of completed clean energy projects and 1 GW in development, Empower is leading the transition to renewable energy in the region.

POWGEX-HYFI and BioPower announce an opportunity to build up to 30 GW of solar power plants in South Africa’s Mpumalanga province, with the initial capacity starting in 2024 and an estimated project cost of USD 2.5 billion. Lead financial adviser Signet Capital arranges a USD-450-million private placement.

Waaree Renewable Technologies Ltd has switched on a 87.5-MW/122.5-MWp solar power plant in Madhya Pradesh, producing 349 million kWh annually. This 651 acre facility is part of a larger 150-MW/210-MWp project, with a 25-year contract. O&M for 2 years included.

FMPA and Origis Energy partner to expand Florida Municipal Solar Project to 600 MW, providing low-cost, reliable solar power to 20 municipal electric utilities by 2026. Cost-effective for customers and greener for the environment.

Sumitomo Corporation and Rio Tinto partner with Australian Government's ARENA to build 2.5 MW on-site electrolyzer in Yarwun plant, Gladstone, Australia. This project is expected to reduce CO2 emissions by 3,000 tonnes per year and provide an opportunity for the use of hydrogen in calcination process at scale globally. Construction to begin in 2024 and complete by 2025.

NIPSCO, a NiSource Inc. subsidiary, has brought 465MW of solar parks online in Indiana. EDPR NA developed and installed them, which will bring in $101 million in tax revenue over 35 years. 75MW of battery storage capacity will accompany them, along with the retirement of the R.M. Schahfer coal-fired plant in 2025. NIPSCO's commitment to benefit customers includes going coal-free by 2028 and cutting their carbon footprint by 90% by 2030.

Solaris Energy has started construction on a 436-kW rooftop and carport solar project in Tucson, AZ, with financing, installation, and a lower electricity rate provided for the Icon Apartment Complex. This project provides shade to tenants and exemplifies Solaris Energy's commitment to sustainability. Partnering with Break of Day Capital, Solar Gain, and the Icon Apartment Complex, Alex Blackmer, Solaris Energy's CEO, is proud to bring this solar project to Tucson.

Britvic and Atrato have signed a 10-year PPA for energy from a 28MW solar farm. 75% of Britvic's GB operations will be powered by the solar energy, and a CPPA in Ireland provides 100% renewable electricity for Ballygowan. The project is expected to be commissioned in 2024.

Morocco's Masen announces pre-qualification of six consortiums to construct 400 MW solar plant in the Atlas Mountains aiming to reduce dependence on fossil fuels. Leading consortiums include Cobra, EDF, Enel, Iberdrola, International Power and Acwa Power with a two-hour storage capacity. Morocco's goal is to reach 80% renewable energy by 2050, and Noor Midelt II is a major contributor to that effort.

Queensland Govt announces $62 billion plan to create 12 REZs, transition to 80% renewable energy by 2035, reduce energy prices, create jobs & protect habitats.

Elgin Energy has sold a 100 MW PV portfolio of solar projects in UK to Pennon Group, estimated to require GBP 85 million investment. These projects are projected to generate low-cost electricity and contribute to UK's net-zero emissions by 2050. Also, Elgin sold 521 MW of solar & 70 MW of battery projects in 2020, to be operational by 2025.