Solarpack secures PPAs for its operational Spanish solar plants, Pizarroso and Valkyria, collectively generating 475 GWh clean energy. Pizarroso in Cáceres, spans 91 hectares and produces approximately 95 GWh annually, offsetting over 2 million tonnes of CO2 and powering 27,000 homes yearly. Valkyria in Cuenca generates 300 GWh annually, equivalent to the consumption of 62,000…
Four Twelve Renewables is building a solar facility in Greene Township, Pennsylvania, repurposing brownfield space with 98,000 bifacial solar panels producing 66 million kWh. Operational by late 2023, the facility aims to aid low- and moderate-income households by generating funds through a 15-year PPA. Partnering with Dollar Energy Fund, the project will provide utility assistance…
Trina Solar announces to build a state-of-the-art PV manufacturing facility in Wilmer, Texas, marking a $200 million investment and 1,500 job creation over 1.35M sq. ft. area. The Tradepoint 45 West project aims for completion in 2024, producing advanced Vertex modules using 210mm large-size wafer technology. The inauguration showcased a speculative industrial development promising significant…
Scatec ASA initiates electricity supply from the Kenhardt project in South Africa, boasting a 540 MW solar and 225MW/1,140MWh battery storage. The project contributes 150 MW dispatchable power to the national grid through a 20-year Power Purchase Agreement with Eskom. Representing a USD 1 billion investment, the project involves 51% equity from Scatec and the…
At COP28, Masdar commits $2 billion in equity by 2030 for the Africa Green Investment Finance Initiative, targeting $10 billion investments to deliver 10GW clean energy across six Sub-Saharan nations. The announcements include 150 MW solar projects each in Angola and Uganda, a 500MW initiative in the Republic of Congo, geothermal collaboration in Kenya, a…
ib vogt has secured a vPPA with Thermo Fisher Scientific and Eurofins Scientific for 91 MW and 36 MW, respectively, from its 174 MW Serbal solar power plant in Spain. Serbal, equipped with a single-axis tracking system and bifacial modules, is expected to generate 328 GWh annually, powering 83,000 households and averting 71,000 tons of…
Voltalia has acquired a 55% stake in the 60 MW Mosselbanken solar plant in the Netherlands. The plant, located in Zeeland, benefits from a 15-year PPA and helps avoid 17,000 tons of CO2 annually. This marks Voltalia’s first foray into power generation in the Netherlands, reinforcing its role as a service provider in the country’s…
Development Finance Institutions British International Investment, FMO, Proparco, and Frontier Energy invest $52M in Planet Solar, a 50 MW solar project in Sierra Leone. The initiative supports clean, affordable energy, aligning with UN Sustainable Development Goals. Planet Solar aims to be the first large-scale grid-connected solar IPP, mitigating 53,000 tonnes of CO2 annually. This investment…
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…
