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$2.2B Financed for Saudi's Largest Solar Project
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.
Jul 17, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Saudi Arabia, Asia, ACWA Power, PV Power Plant, Solar Project
Stabilizing FAPI: Additivization Strategy
This research breakthrough makes it possible to develop water-stable perovskites for perovskite solar cells. An innovative additivization strategy was used to achieve this, with the lowest formation energy for a 3C phase with exceptional stability against water infiltration, humidity and thermal stresses. A game-changer for solar cells!
Jul 31, 2023 // Technology, Spain, Europe, perovskite solar cell, BCMaterials, University of Barcelona, IKERBASQUE
GBP 120M: Pacific Green Backs UK BESS Project
Pacific Green Technologies secures £120 million loan for 249 MW/373.5 MWh BESS project in Kent, England. Project to start commercial operations in April 2025 and operated by Pacific Green's subsidiary. Loan repaid over 10-year amortization profile. Pacific Green also selling Richborough Energy Park for £74 million.
Nov 6, 2023 // Storage, UK, Europe, Pacific Green Technologies
Saudi Arabia Seeks 3.7GW of Solar Projects
Saudi Arabia is inviting developers to take part in its ambitious NREP 5 round, which aims to add 7.2 GW of solar capacity across 4 regions. The largest project, Al Sadawi, offers 2 GW capacity in the Eastern Province. Don't miss your chance to join this initiative and help shape the renewable energy future of the country.
Nov 13, 2023 // Plants, Large-Scale, Commercial, Saudi Arabia, Asia, PV Power Plant
Growatt’s MAX Series: Boosting India's Solar Expansion
Growatt has made a great impact in the Indian solar market with their locally tailored solutions and advanced technology. Learn how their MAX series of inverters are helping investors achieve high yields and stability, plus discover the MID 33-50KTL3-X2 inverter. Reduce emissions and save water with Growatt's inverters and C&I solutions. Explore their progress in the Indian solar market and become part of their success story.
Nov 14, 2023 // Markets & Finance News, Inverters, India, Asia, inverter, Growatt
Greece's Helleniq Energy Shines with 260-MW Solar Project
Greek oil company Helleniq Energy Holdings secures environmental approval for a 260-MW solar park in Western Macedonia, as part of its ambitious plan to reach 2 GW of renewables by 2030.
Jan 25, 2024 // Plants, Large-Scale, Commercial, Greece, Europe, PV Power Plant, Helleniq Energy
Meta Platforms Goes Green with Arevon Energy Partnership
Arevon Energy partners with Meta Platforms for the Kelso Solar Project, bringing 349 MW of renewable power to Missouri and economic benefits to the region.
Mar 6, 2024 // Plants, Large-Scale, Commercial, USA, North America, Arevon Energy
NextEnergy Capital's NPV ESG Fund Surpasses $580m Commitments
NextEnergy Capital's NPV ESG secures $100 million for solar and battery storage strategy, targeting $1.5 billion with $2 billion hard cap. Joining European pension fund, KLP, German, and Nordic pension funds.
Mar 7, 2024 // Plants, Commercial, USA, North America, nextenergy capital
Germany's Largest Solar Thermal Plant Underway in Leipzig
Germany's largest solar thermal project in Leipzig set to supply heat to city, supporting green energy goals and climate neutrality efforts.
Mar 28, 2024 // Plants, Germany, Europe, thermal plant
SEG Solar's USD-500m PV Factory in Indonesia
SEG Solar's groundbreaking multi-gigawatt manufacturing complex in Indonesia set to revolutionize solar equipment production in Southeast Asia.
May 15, 2024 // Manufacturing News, Asia, Indonesia, SEG Solar
R.Power Expands Solar Portfolio in Portugal
R.Power Renewables shines bright in Portugal with new solar acquisitions and projects in the pipeline across Europe.
Jun 13, 2024 // Plants, Large-Scale, Commercial, Portugal, Europe, R.Power Renewables
Acelen-owned Refinery Invests in 161-MW Solar Project in Brazil
Acelen-owned Mataripe Refinery in Brazil partners with Perfin Infra and Illian Energias for a 161-MW solar project, reducing CO2 emissions and promoting sustainability in the energy sector.
Jul 12, 2024 // Plants, South america, Brazil, Solar Project, Acelen, Refinery
Botswana Awards $78.3M Solar Deal to Chinese Group
Botswana's $78.3 million solar plant contract with China aims to meet 50% of energy demand with clean power by 2036, reducing reliance on coal.
Aug 13, 2024 // Markets & Finance News, Africa, Botswana, Chine
Saudi Arabia’s 2.79-GW solar wave hits grid as projects certify
ACWA Power has received commercial-operation certificates for three Saudi PV plants totaling 2.79 GW, with financial impact expected in the second half of 2025.
Aug 25, 2025 // Plants, Large-Scale, Commercial, Grids, Saudi Arabia, utility-scale PV, Asia, middle east, ACWA Power, commissioning
Central Bosnia Canton seeks concessionaire for 50 MW solar power plants
The government of Bosnia's Central Bosnia Canton is inviting financiers to submit bids for a 30-year concession for the construction and also operation of 2 photovoltaic (PV) plants with an integrated capacity of as much as 50 MW, it said.
Mar 11, 2022 // Plants, PV Power Plant, Central Bosnia Canton









