D.E. Shaw Renewable Investments (DESRI), the US renewable energy developer, has signed a 200MW power purchase agreement (PPA) with tech and social media titan Meta for power produced at the Long Lake solar project in Arkansas.
Canadian renewable energy company Brookfield Asset Management has established a mutual agreement with Amazon Web Services (AWS) that will see 600MW of solar and wind capacity provided to fuel Amazon’s operations. Brookfield will also employ AWS’ technology and digital capabilities to optimise its infrastructure.
AMEA Power, the Middle Eastern renewable energy company, has closed financing on 1GW of renewable energy projects to be deployed in Egypt, constituting a 500MW solar PV plant and a 500MW wind farm.
South-Korean renewable energy developer SK D&D has signed a shareholders agreement with Glennmont Partners to establish a joint venture (JV) investing in solar PV projects in South Korea. The news follows the MOU signed in June this year.
EDPR Sunseap has signed a memorandum of understanding with material innovator Archwey to explore the use of recycled plastics in floating solar projects.
Chinese PV manufacturer Talesun has linked itself with global industrial services company MEM Group to develop a PV module production line in Turkey. The partnership will target 1GW of annual production by Q2 2023.
In the span of two and a half years, commercial solar has doubled its installed capacity from 9.8GW at the end of 2019 to 19GW of solar PV until June 2022.
Texas-headquartered developer Leeward Renewable Energy has closed financing for 296MW worth of solar PV projects in Ohio and North Carolina, adding to its 24-strong portfolio of renewable energy installations across the US.