Power Plants

UAE-based renewables provider Masdar has signed an agreement to develop a 70MW PV plant in the Republic of Côte d'Ivoire.

Renewable power producer BrightNight has formed a partnership with energy platform ACEN Corporation to ramp up the development of its 1.2GW renewables portfolio in India.

Greek utility Public Power Corporation S.A (PPC) has signed a deal to purchase the entirety of Enel Group’s Romanian equity and assets.

Indian integrated power company Tata Power’s subsidiary Tata Power Renewable Energy has signed a power purchase agreement (PPA) for a 510MW hybrid project.

Renewable energy company Vena Energy has reached financial close on a 176MW solar and wind project in India.

The EU Commission has announced new measures to support multiple sectors, including the renewable energy industry, to keep them in Europe.

Spanish developer Grenergy has signed a 15-year power purchase agreement with chemical company LyondellBasell for a 259MW solar PV plant in Spain.

Solar PV will lead the energy transition in Malaysia and could reach up to 153GW of installed capacity by 2050.

Inverter supplier SMA Solar Technology has published provisional financial results for 2022 which show significant improvements in EBITDA and net income compared with 2021.

Q4 2022 saw a marked uptick in renewable energy investment in Australia, and a 17% total bump in year-on-year investment was recorded compared with 2021. Despite this, more is needed to reach the country’s Renewable Energy Targets according to the Australian Clean Energy Council.