Econergy Renewable Energy and Nofar Energy complete the 155 MW Ratesti Solar Park in Romania, the largest in the region. It spans 165 hectares, set to generate 220 GWh annually at an estimated cost of €102 million. The project nears commissioning, boasting 135,000 solar panels, completed within 18 months. The inauguration ceremony was hosted by…
Globeleq, Source Energia, and EDM have initiated the commercial operations at Mozambique’s first hybrid pv and energy storage plant, Cuamba Solar. This $36 million 19 MW PV and 7 MWh storage project, supported by a 25-year PPA, is set to provide energy for 22,000 families and reduce over 172,000 tonnes of CO2 emissions. The initiative…
Longroad Energy commences construction on Sun Streams 4, a 377 MW PV and 1200 MWh storage project in Maricopa County, Arizona. Commercial operation expected by mid-2025. CIBC leads debt financing. McCarthy Building Companies is the EPC contractor. Powin provides the storage system. Nextracker and Sungrow supply trackers and inverters. Long-term O&M is handled by Longroad,…
Ingka Investments, the investment arm of Ingka Group, invests over EUR 200 million in a 300MWp solar PV park in Dâmbovița county, Romania, with plans to operationalize it by late 2025. The park aims to power approximately 95,000 European households. This investment is in line with the EUR 6.5 billion initiative aimed at achieving 100%…
Drew Solar, a 100 MWac facility in California operated by D. E. Shaw Renewable Investments (DESRI) and Sacramento Municipal Utility District (SMUD), recently achieved commercial operation and has been operating since December 2022. SOLV Energy manages the construction and ongoing operations of the facility, with participation from the Navajo Tribal Utility Authority and Bona Terra…
First Solar has secured a 500 MW Series 7 module supply deal with Swift Current Energy, following a 3.3 GW order placed in 2022. This order, which was booked before Q3 2023, is set to be fulfilled by 2028, thereby contributing to Swift Current’s low-carbon initiatives.
