Emeren Group acquires 86 MW solar portfolio in Spain

Emeren Group Ltd acquires 86 MW solar project portfolio in Spain from Negratin Global Services. The Ready-to-Build projects, totaling 13, range from 6MW to 14 MW and are set to produce 166,471,371 kWh/year. Construction begins late 2024, connecting to the grid by early 2025 in central Spain. The projects will power 51,380 households, saving 19,544…

China’s Qinghai Qingyu DC Phase II unveiled

China Three Gorges Corporation’s Qinghai Qingyu DC Phase II, a massive 900 MW PV venture in Gonghe County, Qinghai, is now operational. Located at 3,000 meters on the Qinghai-Tibet Plateau, the project spans 23,131 acres, utilizing flat single-axis tracking tech for an 11% efficiency boost. This initiative generates 2.1 billion kWh annually, cutting 1.74 million…

JinkoSolar commits to science-based climate action

JinkoSolar achieves global first with validated science-based emissions reduction targets, becoming the second mainland Chinese and third semiconductor company to earn this status. Science Based Targets initiative (SBTi) recently verified JinkoSolar’s net-zero science-based targetand the official publication of JinkoSolar’s approved net-zero target is scheduled for January 25, 2024, on the SBTi website.

European Energy divests 100MW+ renewables in December

European Energy divested over 100 MW in December 2023, including Bubney Solar Farm in the UK and Bloosballich Wind Park in Germany. The 40.4 MW Bubney Farm in Shropshire is divested to Elm Trading Group. The 12.6 MW Bloosballich Park in Saxony Anhalt which is divested to a German family office, consists of three 4.2…

300 MW utility project powers up in China’s desert

The 300 MW utility project in China’s Tengger Desert featuring SOFAR inverters is now commissioned. Set to generate 540 GWh annually and restore 5.2 sq km of grassland, it will save 160,000 tons of CO2 yearly. The solar plant uses over 1,300 sets of SOFAR 255KTL-HV, and POWERCHINA is responsible for the project’s engineering, procurement,…

Origis secures $344M financing for its Mississippi PV project

Origis Energy secures $344M financing from MUFG for Golden Triangle I solar and battery project in Mississippi. The 200 MW solar facility with 200 MWh storage is part of the state’s largest deployment. The financing, convertible post-construction, covers the project’s 25-year operational span. Leveraging IRA provisions, it ensures grid resiliency, powering 57,000 homes, and averting…