Power Plants

The Australian Renewable Energy Agency (ARENA) has allocated AU$5.4 million in funding to create Australia’s first ‘net zero suburb’ in the 2515 postcode of New South Wales.

Independent power producer BNZ has closed a financing deal worth €680 million (US$741million) to fund its ongoing solar portfolio expansion plans in southern Europe.

France installed 4GW of solar PV capacity in 2023, a “record” according to the International Energy Agency (IEA).

US independent power producer (IPP) BrightNight has secured US$260 million in tax-equity finance from investment banks JP Morgan and Capital One, to aid in the development of a 300MW solar PV power plant in Pinal County, Arizona.

The Burdekin Shire Council has permitted construction on a proposed gigawatt-scale multi-staged solar PV development in Queensland, Australia.

Huasun is to supply 1.5GW of its heterojunction (HTJ) PV modules to one of Malaysia’s largest EPC contractors, ITRAMAS.

Singaporean renewable energy company Nexif Ratch Energy (NRE) has achieved financial close on a 145MW solar PV power plant in the Philippines.

Danish renewable energy company Ørsted and US utility Salt River Project (SRP) have confirmed that their 300MW solar-plus-storage project in Pinal County, Arizona, has commenced operations.

Inkia Energy has revealed a solar PV expansion in Peru, targeting more than 1GW of new solar PV capacity operational by the end of 2025.

According to BayWa's Tomaso Charlemont, optimising the performance of solar PV projects will encourage the growth of 'value-added EPC' work.