Solar Plants News
Dubai Unveils World's Largest Solar Park
Dubai has inaugurated the 900 MW fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park, reducing 1.18 million tonnes of carbon emissions annually and providing clean energy to 270,000 residences. It is expected to reduce 6.5 million tonnes of carbon emissions when fully completed.
Jun 19, 2023 // Plants, Large-Scale, Commercial, Dubai, PV Power Plant
Uzbekistan's Solar Ambition: ACWA & CEEC EPC Deal
ACWA Power and China Energy International Group sign EPC contract for Uzbekistan's solar PV project, promising to bring clean energy to the region and support Uzbekistan's commitment to a low-carbon economy.
Jun 19, 2023 // Plants, Commercial, Asia, Uzbekistan, acwa, PV Power Plant
$76M Solar Project: SABIC & Iberdrola's Global Partnership
SABIC awards Iberdrola a $76 million contract to develop a 100 MW solar plant in La Aljorra, complete with 260,000 solar panels. The plant will supply SABIC's polycarbonate facility with renewable electricity to support sectors such as automotive and construction.
Jun 16, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Iberdrola, PV Power Plant, SABIC, La Aljorra
Coro Energy Acquires 2.39MW Rooftop Solar in Vietnam
Coro Energy has signed a USD-1.3-million agreement to acquire a 2.39 MW rooftop solar portfolio in Vietnam, with an 18-year power purchase agreement and a payment plan including cash, new shares, and existing specialist debt. Completion expected in Q4 2023.
Jun 16, 2023 // Plants, Commercial, Markets & Finance News, Rooftop PV, Asia, Vietnam, Coro Energy
Grenergy Sells 150-MW Solar Plant in Spain
Grenergy Renovables SL, a Spanish renewables developer-operator, has agreed to sell its 150 MWp Belinchon solar power facility in Cuenca to a European IPP. The transaction is expected to close by the end of the year, with a net profit of EUR 83 million. This is the first milestone of the Valkyria initiative, with 1.1 GW of solar assets to dispose of in Spain and a pipeline of 14 GW, including 1.8 GW of assets and 10 GWh of energy storage projects.
Jun 16, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Europe, solar plant, Grenergy
UK Solar Park Powers Up: Voltalia, City of London Corp
Voltalia has officially inaugurated its largest solar park to date in the UK. South Farm Solar Park has a capacity of 49.9MW, enough to cover half of the City of London Corporation's electricity needs. The project is funded by Santander UK and contributes to the City of London Corporation's energy transition away from fossil fuels.
Jun 16, 2023 // Plants, Large-Scale, Commercial, UK, Voltalia, Europe, PV Power Plant, City of London Corporation
Big Investors Bet on Chilean Solar: ESG's Stable Prices
Chile's energy regulator and grid operator have criticized incentives for small plants, but lenders welcomed BlackRock's April deal for its competitive return on equity and low risk in a ESG-focused market.
Jun 15, 2023 // Plants, Markets & Finance News, BlackRock, Chile, South america, PV Power Plant
Google Powers Dutch PV with EDPR PPA
EDPR signs PPA with Google for four photovoltaic projects in The Netherlands. This agreement marks the first PPA secured by German solar developer Kronos Solar EDPR and sends a strong signal for its 5GW+ project pipeline. Now accelerating the production of clean energy in The Netherlands and other European markets.
Jun 15, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, PPA, Europe, Netherlands, Google, EDPR, KRONOS
Faerch Group Joins European Energy for UK Solar PPA
European Energy has signed a 10-year Power Purchase Agreement (PPA) with Faerch Group to supply renewable energy from the 40MW Bubney Solar Farm. This partnership will reduce carbon emissions and improve sustainability for Faerch Group while providing a milestone for European Energy's UK energy operations.
Jun 15, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, UK, PPA, Europe, Faerch Group
385 MW Solar Plant Comes to Montenegro
Montenegro's CGES and MEnergy agree to connect 385MW solar power plant to the grid, with gov't support to grow solar energy. Tax incentives and network investments of EUR 195 million further the cause
Jun 14, 2023 // Plants, Grids, Europe, PV Power Plant, Montenegro, CGES, MEnergy
Singapore's Vena Energy Powers Up 53-MW Solar Project in Japan
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.
Jun 14, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Japan, Asia, Singapore, PV Power Plant, Vena Energy, Solar Project
Vaisala Launches Solar IEC-compliant Automated Weather Station
Vaisala's new AWS810 Solar Edition is an IEC-compliant automated weather station providing 360-degree, always-on monitoring. Featuring modular design, extensive data validation and easy-to-use setup, the station reduces costs and maintenance while offering real-time lightning data, solar energy forecasts and more.
Jun 14, 2023 // Plants, Vaisala
Alliant Energy began the installation of solar panels at the 50-MW Beaver Dam Solar Project
Alliant Energy has initiated construction on a solar project in Wisconsin with a capacity of 50 MW. This development is part of Alliant Energy's ongoing efforts to expand its renewable energy portfolio.
Jun 13, 2023 // Plants, Large-Scale, Commercial, USA, North America, alliant energy, Beaver Dam Solar Project
TEP is spearheading the construction of solar-plus-storage plants in Germany
Trianel Energieprojekte GmbH & Co. KG (TEP), a developer of renewable energy projects, has kicked off the installation of 60 MWp of solar power in Germany, spanning four initiatives. Each of these projects will incorporate a battery storage facility.
Jun 12, 2023 // Plants, Storage, Germany, Europe, PV Power Plant, Trianel
Luxembourg grants 46 MWp in its inaugural solar self-consumption tender
In its first ever solar power self-consumption tender, Luxembourg has committed to supporting a 46 MWp capacity in the commercial sector. This move will see the nation invest EUR 16.1 million (USD 17.2m) towards 46.3 MWp of chosen projects
Jun 12, 2023 // Plants, Markets & Finance News, tender, Europe, Luxembourg
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