NextEnergy Capital acquires 110 MW solar project in Spain
NextPower V ESG fund has acquired a 110 MW solar project in Spain from IB Vogt, expanding its renewables portfolio. More about the acquisition here.
Market Bytes
Masdar acquires Saeta Yield’s renewable assets in Spain, Portugal
Brookfield has divested Saeta Yield to Masdar for $1.4 billion, retaining its concentrated solar power assets. Read more on this strategic deal here.
BayWa r.e. to power Akamai, Teradyne & Wayfair operations
Akamai, Teradyne, and Wayfair will purchase 30 MW, 20 MW and 20 MW of power, respectively, from BayWa r.e.’s Prairie Solar project. More on this VPPA here.
Greif inks 12-year VPPA with Enel Green Power
The 12-year VPPA will see two solar projects generate 100 GWh of renewable energy annually. More on this Greif and Enel Green Power España deal here.
Sonnedix acquires 80 MW solar PV plant in Italy
As a part of a larger 250 MW deal with Blunova SpA , Sonnedix has acquired 80 MW solar capacity in Sicily. Read more on this expansion here.
LONGi solar panels power Thai wood factory
Hi-MO X6 solar panels from LONGi Solar power J.U.N. EXPRESS’s wood processing facility, resulting in monthly savings of $17,200. More details here.
Gautam Solar to invest INR 1,000 crore in 2 GW PV facility
Indian solar module manufacturer Gautam Solar is expanding into solar cell manufacturing with a 2 GW facility. Learn more about the company’s plans here.
Coca-Cola to achieve 100% renewable electricity by 2025 in Australia
CCEP has secured a VPPA with ENGIE in its pursuit to achieve 100% renewable electricity in Australia by January 2025. More about this VPPA here.
GE Vernova, Lizard partner for renewable expansion in Italy
Alva Power, a joint venture by GE Vernova and Lizard Renewables, aims to deliver over 1 GW of clean energy in Italy. More about the partnership here.
Sembcorp to acquire 30% stake in Senoko Energy
ENGIE has agreed to sell its 30% stake in Senoko Energy to Singapore’s Sembcorp. Learn more about this acquisition here.