Investment bank Macquarie Asset Management has launched a new onshore renewable energy business division Aula Energy, developing renewables including solar in Australia and New Zealand.
Nevados says the trackers can help developers and owner-operators qualify for bonus tax credits for domestic content under the Inflation Reduction Act (IRA).
Encompassing about four million bi-facial solar modules, the project will supply power to the procurer of the project, Emirates Water and Electricity Company