News

Spanish renewables developer Zelestra has signed a long-term power purchase agreement (PPA) with gas provider Abastible for a solar-plus-storage plant in Chile.

France has revised down its solar PV target by 2035 from 100GW to 90GW in its latest Multiannual Energy Programme (PPE3).

Under the “multi-year” corporate PPA, Prysmian will purchase power from a 150MWp solar PV plant in the Viterbo province in central Italy.

Construction of the solar cell plant is expected to begin in mid-year 2025 with commercial production beginning in the second half of 2026.

The construction of the Lidsø solar park started in the summer of 2024 and it is expected to be commissioned this summer.

The company signed a 25-year power purchase agreement with Egypt Aluminium for a 1.1GW/200MWh solar-plus-storage project in the country.

In the second half of the year, the country added 1.6GW of rooftop capacity, driving the total installed rooftop solar to more than 25.5G.

Consisting of three utility-scale projects – 105MWp, 73MWp and 26MWp, respectively – the projects are expected to be completed in 2026.

CIP said it expected the CI V fund to add up to 30GW of renewable energy generation and storage assets to global energy grids.

US independent power producer (IPP) Catalyze has secured US$400 million in debt facility from investment firm ATLAS SP Partners.