Gurīn Energy has successfully closed financing for its 75 MW solar farm in Palauig, Zambales Province, Philippines. The project, with a total investment of USD 60 million, involves deploying 136,363 solar panels on an 80-hectare site. Groundbreaking is scheduled for mid-December 2023, and commissioning is expected in Q3 2024. The solar farm aims to generate…
Cubico Sustainable Investments has inaugurated Delta’s Edge, a 135 MW PV project in Mississippi, USA. This plant, operational since November 30, 2023, contributes to a 30% increase in Mississippi’s installed PV, benefitting over 14,000 homes and businesses. The project has secured a 15-year PPA with Cooperative Energy and closed tax equity financing in August 2023…
ACWA Power will develop Indonesia’s largest green hydrogen facility in partnership with PLN and Pupuk Indonesia. The Garuda Hidrogen Hijau Project, plans to start operations in 2026, generating 600MW from solar and wind, producing 150,000 tonnes of green ammonia annually. The estimated project cost exceeds $1 billion. EPC bidding is slated for Q1 2024, with…
Heliene Inc. invests $10 million to double the capacity of Minnesota Line One, enhancing efficiency and manufacturing TOPCon solar modules. The expansion, contiguous to a previous 500 MW line, anticipates creating 130 jobs in Minnesota’s Iron Range. Heliene plans further expansion to meet increasing demand for bespoke solar modules, leveraging public and private funding.
Renewable America (RNA) and Pearl Crop, Inc. seal a 2.2 MW solar project deal across various California sites. The initiative, integrating 5,400 solar panels, intends to fulfill 86% of energy needs at Pearl Crop’s Stockton facility, resulting in a 53.2% cut in utility expenses. Project launch in December 2023 anticipates portfolio completion by summer 2024.
Enfinity Global secures €118 million financing for 101 MW four utility-scale solar plants in Lazio, Italy. UniCredit, BayernLB, and Siemens Financial Services lead the project financing. Operational in 2024, the plants aim to produce 172 GWh annually, powering 64,000 homes and offsetting 69,000 tons of CO2. Enfinity plans a €3 billion investment in Italy over…
Sonnedix and Equinix sign a 10-year PPA for renewable energy in Portugal. Equinix will source power from Sonnedix’s 149MW Douro solar project starting July 2025. The project, Sonnedix’s largest in Europe, will power 78,000 homes, reducing 33,000 tonnes of CO2 annually. Equinix received transaction support from Schneider Electric and Holland & Knight.
Sharp Energy Solutions Europe launches NB-JD575, a 575 W Bifacial TOPCon Solar Panel. The N-Type module boasts 80% bifacial ratio, 22.26% efficiency, 144 M10 half-cells, and 16 busbars. With dimensions of 2278 x 1134 mm, a 30 mm aluminum frame, and weighing 32.5 kg, it’s suitable for commercial and utility scale installations. The module’s safety…
EDF Renewables and Perpetua Holdings secure Umoyilanga project, the South Africa’s first wind-solar-storage virtual power plant under the government’s IPP program. Spreading across 900 km with solar-plus-storage in Avondale and wind-plus-storage in Dassieridge, the advanced technology ensures efficient long-distance energy coordination. The project aims to generate 400 million kWh annually, meeting the energy needs of…
MPC Energy Solutions and Akuo Energy, in a 50-50 joint venture, have linked their 26.7 MW PV plant, Planeta Rica, to the grid. The facility, constructed by Mota-Egil and funded by Bancolombia, operates under a 15-year PPA with Celsia, targeting an annual revenue of approximately USD 1.6 million by 2024. Expected to generate 48 GWh…
