Power Plants

Switzerland-based institutional investment group SUSI Partners has entered a development deal for two large-scale solar-plus-storage hybrid power plants in Chile.

Developing, sourcing, building and maintaining solar PV projects routinely runs into the millions of dollars of long-term investment, and the impacts of serious theft on a solar asset owner can result in lost revenues, lost energy generation and sometimes lost insurance and ability to operate.

Intersect Power has started commercial operations at its Oberon solar and storage project in the US state of California.

The Saudi Power Procurement Company has released a RFQ for the fifth round of solar projects with a total capacity of 3.7GW.

The YEKA-4 solar project is part of the YEKA initiative that the Turkish Ministry of Energy and Natural Resources launched last year.

Latin America and the Caribbean need to double financing for clean energy projects to US$150 billion by 2030 to fulfil the Announced Pledges Scenario (APS), according to the International Energy Agency’s Latin America Energy Outlook.

US EPC company McCarthy Building Companies has begun construction on four solar PV projects in Texas and Arizona, with a view to achieving compliance with IRA incentives.

Singapore-based energy company Sembcorp has announced an agreement to buy 245MW of renewables projects in Vietnam.

A total of AU$150 million will be made available for applications focusing on regional decarbonisation of industrial process heat and off-road transportation.

The European Commission has approved a €1.7 billion (US$1.8 billion) scheme to support the deployment of 1.04GW of agrivoltaics projects in Italy.