The French developer's solar business has grown 69% in the first nine months of 2019, generating nearly €90 million of revenue, while wind revenue has fallen.
APA Group has launched the 110MW Darling Downs solar farm in Queensland after a late dropping of the EPC contractor and regional grid integration delays.
Injection of US$71m by group of financiers brings boost to project under construction in Atacama Desert, the largest ever to be undertaken by Madrid-headquartered developer.
Firm sees slight revenue dip and minor EBITDA jump in first nine months of year when overseas PV portfolio reached 1.138GW, with new solar plays in Europe and America.
The project will be contracted to Coal India Ltd's subsidiary South Eastern Coalfields Ltd for 25 years, and help the coal major reach its national aim of becoming a "net-zero energy company."
State subsidies, development and private capital will bankroll 11 solar plants, 10 wind plants and 80-metre-wide grid in radiation-damaged prefecture, according to local reports.
In other Golden State developments, LA City Council green lights 8minute's 400MW/1,200MWh solar-plus-storage hybrid, set to supply utility LADWP starting 2022.
