Matrix Renewables, backed by TPG Rise, has signed a 10-year VPPA with Merck. Starting 2025, Matrix will provide Merck with 102 MW of solar energy from three new Spanish solar plants. This supports Merck’s goal of being climate-neutral by 2040 and sourcing 80% of electricity from renewables by 2030. Altenex Energy assisted Merck in the…
Six Flags Magic Mountain partners with Solar Optimum and DSD Renewables to launch a 12.37 MW solar carport and energy storage system, the largest of its kind in California. It covers parking lots, provides shade, and offsets 100% of the park’s energy use. Includes EV charging, enhanced security, and a battery system, generating 20.8 million…
European Energy, through its subsidiary Cerano Energreen, has received authorization to construct a 90 MW solar farm in Cerano, Puglia, Italy. Once completed, the solar plant will generate enough clean energy to power 55,500 households and reduce CO2 emissions by 66,600 tonnes annually compared to traditional fossil fuels. The farm is strategically positioned to help…
Elements Green plans the Great North Road Solar Park near Newark-on-Trent, aiming for an 800 MW AC capacity to power 400,000 homes and reduce 250,000 tons of CO2 emissions annually. The project includes solar panels, energy storage, and grid connections. Community consultations in 2024, with construction expected around 2027, subject to government approval.
Econergy Renewable Energy and Nofar Energy complete the 155 MW Ratesti Solar Park in Romania, the largest in the region. It spans 165 hectares, set to generate 220 GWh annually at an estimated cost of €102 million. The project nears commissioning, boasting 135,000 solar panels, completed within 18 months. The inauguration ceremony was hosted by…
Globeleq, Source Energia, and EDM have initiated the commercial operations at Mozambique’s first hybrid pv and energy storage plant, Cuamba Solar. This $36 million 19 MW PV and 7 MWh storage project, supported by a 25-year PPA, is set to provide energy for 22,000 families and reduce over 172,000 tonnes of CO2 emissions. The initiative…
Longroad Energy commences construction on Sun Streams 4, a 377 MW PV and 1200 MWh storage project in Maricopa County, Arizona. Commercial operation expected by mid-2025. CIBC leads debt financing. McCarthy Building Companies is the EPC contractor. Powin provides the storage system. Nextracker and Sungrow supply trackers and inverters. Long-term O&M is handled by Longroad,…
Drew Solar, a 100 MWac facility in California operated by D. E. Shaw Renewable Investments (DESRI) and Sacramento Municipal Utility District (SMUD), recently achieved commercial operation and has been operating since December 2022. SOLV Energy manages the construction and ongoing operations of the facility, with participation from the Navajo Tribal Utility Authority and Bona Terra…
Sharp has set a new record with a 33.66% efficiency in tandem solar cells. The innovative double-step junction design has replaced the previous triple-junction cell, resulting in significant cost reductions. Sharp’s focus extends to the creation of modules for electric vehicles, mobile devices, and aerospace applications. This ground-breaking achievement will be revealed at the SHARP…
