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Independent solar energy producer (IPP) Sonnedix Power Holdings Ltd has acquired a 22.3-MW solar portfolio in Italy from Spanish peer Solarig.

Italian renewable resource firm Renergetica SpA (BIT: REN) has joined the green energy arm of domestic energy Enel SpA (BIT: ENEL) to jointly develop 300 MWp of solar projects in Italy as well as possibly add a lot more in other countries.

The purchase is for EUR 560 million plus approximately EUR 20 million in contingent payments. Repsol thinks that the transaction will certainly aid it to become a global player in renewable energy and reinforces its placement in key markets within Europe.

Spanish oil and also gas significant Repsol has actually boosted its 2030 renewables target to 20GW, the bulk of which is expected to be solar PV, as part of efforts to get to net absolutely no discharges by 2050.

Mainstream Renewable Power has actually gotten to financial close for the 2nd stage of its 1.3 GW Andes Renovables wind and solar power generation system in Chile.

Etrion Corporation has actually finished the sale of its financial investment passion in the Mie 60 MW solar project and received around USD 32.2 million.

EnfraGen LLC, a Latin America-focused renewables and also grid business, on Friday introduced a deal to acquire a 188-MW portfolio of wind, solar and also hydropower (HPP) plants in Panama and Costa Rica.

Eddie O'Connor, creator and previous CEO of Ireland-based Mainstream Renewable Power Ltd, has actually resigned as chairman of the board of the renewables business.

EQT framework has actually announced a takeover bid for Solarpack, which possesses around 450MW of functional solar PV projects.

Global installations of utility-scale solar energy plants have actually broken through 300-GWAC thanks to 22-.GW of brand-new capability in the initial half of 2021.

Independent power manufacturer Sonnedix has actually acquired a 74.7 MW profile of PV plants in Spain from exclusive equity investor JZ International (JZI) and also Elliott Advisors (UK).

A study has divided the world into 12 climate zones on the basis of the Köppen–Geiger classification map. The paper confirmed Chile’s Atacama region has the world’s highest solar radiation but also showed the region with the highest performance ratio for PV systems was near Moscow.

EDPR's renewable output hit 26.5 TWh in 2024, despite challenges from low winds in Brazil. With new solar capacity underway, growth momentum is set for a strong finish!

Experts at Bloomberg New Energy Finance claim the lowest-cost projects funded in Australia, China, Chile as well as the UAE in the last 6 months struck a levelized price of power of simply $23-29/ MWh and also the most effective solar and also wind projects will certainly create power for less than $20/MWh by 2030.

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