BLUETTI makes Texas solar effortless and affordable

BLUETTI introduces BLUETTI Solar +, a groundbreaking solar and battery solution tailored for Texas homeowners. Launching on December 22, it aims to simplify solar adoption, addressing the challenges of system selection and paperwork. BLUETTI Solar + offers customized configurations, advanced software insights, flexible financing, and a seamless end-to-end process, ensuring a stress-free journey toward sustainable…

ib vogt powers Indonesian islands with 48 solar projects

ib vogt secures 48 projects in Indonesia’s Diesel Replacement Program, deploying solar and battery systems across Java, Sumatra, Kalimantan, and Madura. The initiative, part of PLN’s 2023 tender, targets 60MWp solar and 175MWh storage capacity. A strategic collaboration with Nusantara Power ensures project financing, EPC-Management, and Asset Management.

Mocuba joins Globeleq’s growing solar portfolio in Mozambique

Globeleq completes acquisition of 52.5% and 22.5% stakes in 41 MW Central Solar de Mocuba plant in Mozambique from Scatec ASA and KLP Norfund. Electricidade de Moçambique retains the remaining 25% stake. The move expands Globeleq’s renewable energy presence in Mozambique, adding to its growing solar PV portfolio in Africa, totaling close to 400 MW…

First Solar pioneers $700M tax credit transfer with Fiserv

First Solar, Inc. engages in two Tax Credit Transfer Agreements, selling around $700 million of 2023 Inflation Reduction Act tax credits to Fiserv, Inc. at $0.96 per $1. Citigroup Global Markets, Inc. acts as the first-of-its-kind credit transfer placement agent. The agreements follow the US Department of Treasury’s proposed rulemaking on Section 45X credits, impacting…

Iberdrola’s 86.4 MW hybrid plant gets green signal

Iberdrola secures approval for Spain’s first hybrid PV and hydroelectric plant, HIDRO Cedillo. The 86.4 MW project in Extremadura features over 160,000 photovoltaic modules. Hybridization enhances grid use, reducing environmental impact and ensuring stable renewable production amid changing conditions.

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…

GRIDCO seeks bids for 500 MW solar power purchase

GRIDCO Odisha seeks bids for 500 MW solar, accepting offers until January 16, 2024. Bids open on January 17, with a tender document cost of ₹11,800. Earnest money deposit is ₹500,000/MW, and a performance guarantee of ₹1 million/MW is required for winning bidders. Power reception capability needed from GRIDCO by April 1, 2025, to March…

SUCRL seeks land for 700 MW solar park expansion

Saurya Urja Company of Rajasthan is inviting expressions of interest for land aggregators to lease approximately 3,500 acres in Bikaner, Barmer, Jaisalmer, or Phalodi. The 700 MW solar park project will be near an upcoming interstate transmission system-connected grid substation. The lease, lasting 29 years and 11 months, involves a 5% rent escalation every three…