The New South Wales (NSW) government has approved plans for solar developer Lightsource bp’s proposed 450MW Goulburn River Solar Farm, in the Upper Hunter region.
Nestlé is the sole tax equity investor of the 326MW Stampede solar-plus-storage project and will also acquire the renewable energy attributes from the whole capacity of the solar PV plant.
Net revenues for the quarter (for both CSI Solar and Recurrent Energy, the manufacturing and project development businesses) were US$1.6 billion, a 23% increase from US$1.3 billion in Q1.
Through a joint venture (JV) between the two companies, Atlas will build the project as part of the Luiz Carlos Solar Photovoltaic Complex in the Southeastern state of Minas Gerais.
According to data from the US Energy Information Administration (EIA) latest report “Preliminary Monthly Electric Generator Inventory”, solar PV accounted for 59% of all additions.