News

Uncertainty over tax credits could cause 84% of investors and 73% of developers to decrease their activity in renewable energy, according to ACORE.

Under the terms of the agreement, the PV plant will provide renewable energy at a volume to achieve 100% renewable energy for NCIG’s Kooragang Island facility from 2030 onwards. 

The Spanish renewables developer has closed an AU$453 million (US$287 million) loan facility for a 480MWp solar PV plant in Queensland, Australia.

The US$334 million will support the construction of the 200MW Branch and the 50MW Genesee Solar projects in Michigan.

US community solar project developer Dimension Energy has upsized its corporate credit facility from US$150 million to US$300 million.

Meta has signed offtake deals for various utility-scale PV projects, many of which are in Texas, where it has relocated some operations.

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.