The European Investment Bank (EIB) has committed €400 million to support MYTILINEOS Energy and Metals’ ambitious renewable energy plans, aiming to add 2.6 GW of solar PV and battery storage capacity across Europe by 2027. The project with investment of total €2.5 billion focuses on less developed regions to support equitable growth and green transition.
Solarpack is constructing Peru’s largest solar plant, the San Martin project in the La Joya district, with nearly 300 MW capacity. Kallpa Generación secures a long-term agreement for the Arequipa plant’s entire energy output. San Martín will annually generate 830 GWh, powering over 440,000 homes and preventing 564,000 tons of CO2 emissions. The plant is…
JA Solar completes shipment of n-type modules for ACWA Power’s 240 MW PV project in Tashkent, Uzbekistan. The project, contracted by China Energy Engineering Corporation, while the agreement was signed between ACWA Power and Uzbekistan’s Joint-Stock Company (JSC) National Electric Grid of Uzbekistan (NEGU) and Ministry of Investment, Industry and Trade. JA Solar supported with…
Arctech bags order for two PV projects, 1.3 GW AR RASS2 and 408 MW Al Kahfah in Saudi Arabia, from EPC giant L&T. Both the projects utilize it’s SkyLine II solar tracking system from Arctech. The SkyLine II solar tracking system features multi-point drive design enabling operation at wind speeds up to 22 m/s, AI…
GCL SI and Ocean Sun recently commissioned a 270 kW a demonstration floating solar project called BOOST at La Palma’s Tazacorte port. Since 2018, both companies collaborated closely to develop tailored PV modules, especially for Ocean Sun’s membrane based floating solar solution, subjected to rigorous testing with TÜV Rheinland. GCL supported the project by supply tailor…
LONGi and Nofar Energy Romania sign a 576 MW module supply agreement for the LONGi’s latest Hi-MO 7 series modules, ensuring alignment with ESG standards. The project in Romania is set to commence construction in 2024 and operational in 2025. The agreement, aligned with stringent supply chain requirements, follows approval for ESG-compliant financing from a…
ib vogt secures 48 projects in Indonesia’s Diesel Replacement Program, deploying solar and battery systems across Java, Sumatra, Kalimantan, and Madura. The initiative, part of PLN’s 2023 tender, targets 60MWp solar and 175MWh storage capacity. A strategic collaboration with Nusantara Power ensures project financing, EPC-Management, and Asset Management.
Waaree Energies unveils plans for a $1 billion U.S. manufacturing hub in Brookshire, Houston. The facility aims to produce 3 GW of solar modules by 2024, scaling to 5 GW by 2027. Waaree plans to invest up to $ 1 billion over the next four years to scale its annual module manufacturing production.
Globeleq completes acquisition of 52.5% and 22.5% stakes in 41 MW Central Solar de Mocuba plant in Mozambique from Scatec ASA and KLP Norfund. Electricidade de Moçambique retains the remaining 25% stake. The move expands Globeleq’s renewable energy presence in Mozambique, adding to its growing solar PV portfolio in Africa, totaling close to 400 MW…
Iberdrola secures approval for Spain’s first hybrid PV and hydroelectric plant, HIDRO Cedillo. The 86.4 MW project in Extremadura features over 160,000 photovoltaic modules. Hybridization enhances grid use, reducing environmental impact and ensuring stable renewable production amid changing conditions.
