Power Plants

Greek renewables developer Mytilineos and regional utility PPC Group have signed a new deal to develop and construct 2GW of solar PV assets in Southeastern Europe.

Spanish oil major Repsol has completed construction on a 637MW solar PV project in Swisher County, Texas, its largest to date.

Virtual power plants (VPPs) in California, US, could provide over 7.5GW of capacity, around 15% of peak demand by 2035, according to a report from consultancy The Brattle Group for non-profit GridLab.

US community solar developer Nexamp has raised US$520 million to expand its operations into new markets and execute its existing project pipeline.

Grid connection backlog increased by 27% YOY in the US with about 2.6TW of generation and storage capacity now seeking grid interconnection.

Clean energy asset manager Luxcara has reached financial close on a 315.7MWp portfolio of three solar PV projects in Denmark alongside German bank Bayerische Landesbank.

Minnesota-based independent power producer (IPP) Lydian Energy has made its official launch with a portfolio of 1.75GW of solar and battery storage projects in the US.

Oil company Eni’s renewables subsidiary Plenitude has begun constructing a 330MWp solar PV plant in Spain.

Solar developer Move ON Energy has commenced commercial operation of Europe’s largest solar PV park in Germany.

According to a report from industry lobby group the European Round Table for Industry (ERT) investment in Europe’s energy infrastructure requires €800 billion (US$870 million) by 2030.