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…
Korkia strengthens its global renewable energy investor position by acquiring RSF Capital Partners’ renewable energy business. The acquisition, finalized in October, builds on their prior collaboration, establishing 12 renewable projects across eight countries with an 11 GW capacity. This capacity can power 10 million households and represents over 9 billion euros in investments.
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…
JinkoSolar, a top solar PV manufacturer, delivered 300+ MW of solar modules and 2,488.32 kWh energy storage to Australian distributor Blue Sun Group by Q3 2023. In the first half of 2023, JinkoSolar supplied 1 million 440W modules to Australia.
Huadian Group revealed the results of its 6 GW solar module tender, launched on October 18, 2023. In the 1.5 GW p-type bifacial package (Section 6), JA Solar and LONGi were among four winners, with bids from RMB 1.057 to RMB 1.13/W. In the 4.5 GW n-type bifacial package (Section 5), JA and LONGi were…
Runergy New Energy has completed an 18 GW n-type solar cell facility with 30 high-efficiency production lines, representing a $933.6 million investment in a 439-acre site. This facility is set to become the world’s largest n-type cell workshop, creating over 2,000 jobs.
Ascent Solar Technologies, a pioneer in CIGS thin-film PV, will begin shipping Titan in Q1 2024. Titan, a high-efficiency space-optimized solar module, offers 17.55% efficiency and 2100 W/kg power. Weighing only 10g and delivering 17 W/Sq.ft , it seamlessly integrates into arrays, providing a Plug & FlyTM solution for tailored power, a vital component in…
Madison Energy Infrastructure has acquired Pro-Tech Energy Solutions, a leader in commercial and industrial solar projects. Pro-Tech’s expertise and offsite solar projects complement MEI’s clean energy solutions, expanding its sustainable offerings. MEI operates in 25+ states with a strong clean energy portfolio, while Pro-Tech is renowned for cost-effective solar installations. This union strengthens MEI’s position…
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…
