Power Plants

Foreign Entity of Concern rules create a multitude of new risks for US solar developers, some less visible than others. Intertek CEA’s Jordan Wilson explores the key steps towards minimising FEOC exposure in PV module purchase agreements.

Rezolv Energy has secured the final legal approval to begin construction of its 1.2GW Dama Solar project in Arad County, western Romania.

Solar generation increased by up to 17% across several European markets during this summer’s heatwaves, according to think tank Ember.

Recurrent Energy has started commercial operations at its 150MW Carwarp Energy park in Victoria, Australia, backed by a power purchase agreement with tech giant Microsoft.

Scatec has started commercial operations at the second and final phase of its gigawatt-scale Obelisk solar-plus-storage project in Egypt.

Tesla has submitted plans for a US$10.1 billion vertically integrated solar manufacturing campus in Fort Bend County, Texas.

European Energy has reached financial close on €234.1 million (US$270 million) for its 225MW agrivoltaic project in Vizzini, Sicily, Italy.

Danish energy infrastructure investor Copenhagen Infrastructure Partners (CIP) has reached final investment decision and financial close of the 420MW solar-plus-storage La Esperanza Solar project in Mexico.

Chinese solar tracker manufacturer Arctech has secured 425MW of utility-scale solar tracker projects across Kyrgyzstan and Kazakhstan.

European Energy has secured finance for a renewable energy project in the UK that combines 68MW of solar PV capacity and a 47.5MW/95MWh BESS.