Masdar, EDF Renewables, and Nesma Company inked a PPA for the 1,100 MW Al Henakiyah solar plant with the Saudi Power Procurement Company. Their $1 billion project secured with a $16.84/MWh bid will power 190,000 homes and slash 1.8 million tonnes of CO2 annually. This project combines the consortium expertise, targeting financial close in early…
The floating photovoltaic project developed by D3Energy, at Duke Energy Hines Complex in Florida, USA, is now connected to the grid, generating 1MW of power with 1,872 high-performance Talesun modules. It efficiently powers 100+ households annually, saves land resources, and boosts panel efficiency through water cooling.
Arevon Energy has secured financing for its 157 MW and 150 MW/600 MWh Vikings solar-plus-storage project in California, developed for San Diego Community Power. J.P. Morgan provided $191 million in tax credits, while MUFG, BNP Paribas, Sumitomo Mitsui Banking Corp., and First Citizens Bank offered $338 million in debt financing via the Inflation Reduction Act’s…
TotalEnergies and Soltec’s 200 MW Luminora Solar Dos project in Murcia, Spain, gains Administrative Construction Authorization. It comprises 337,174 bifacial PV modules and 5,341 SF7 trackers, generating power for 114,000 homes and averting 3 million tons of CO2 emissions annually over 30 years. Biodiversity preservation initiatives include flora surveys, native species replanting, avifauna protection, and…
Sunrun introduces add-on storage for California solar customers, enabling backup power during outages, cost savings, and grid reliability. The solution complements existing PV systems and addresses rising utility costs and power disruptions. Customers can integrate batteries seamlessly, contributing to grid stability and participating in distributed power programs. The offering is currently in select California markets,…
In Jiangxi, China, a cutting-edge solar fishery power plant, using TrinaTracker’s Vanguard 2P solar trackers and large 210mm solar modules, is operational. This innovative system will generate 39.1 million kWh of electricity annually, reducing carbon emissions by 3,297 tons per year. The use of solar tracking technology results in a 10% boost in electricity generation…
Electriq Power and the City of Derby, Connecticut, have jointly launched “PoweredUp Derby” to offer solar and battery solutions to 3,000 homeowners, regardless of their financial status. This initiative has no upfront costs, income requirements, or credit score prerequisites. It provides reliable backup power and the potential for 20% annual electricity savings, helping homeowners combat…
Castillo Engineering and RECON Corporation announced a partnership to develop a 15 MW portfolio of five community solar projects in Illinois. Multiple 3 MW projects, part of the Illinois Shines program, will utilise bifacial solar modules and FLEXRACK by Qcells solar trackers. Construction begins in Q4 2023. Castillo Engineering optimized equipment costs and voltage drops,…
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…
