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…
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.
