Power Plants

The firm’s strategy is diversification across different states, off-takers and supply sources, hence a new focus on rooftop PV.

Energy storage in the state of South Australia has continued its prolific pace of development with the announcement of two new grid-scale projects and a sizeable commercial and industrial (C&I) installation.

Acciona Energía has started construction on a 404MW solar project in the Mexican state of Sonora, which has been developed in a 50:50 joint venture with Tuto Energy.

Local firm Gostaresh Energy No Atiyeh has completed a 10MW solar PV project in the Yazd Province of central Iran.

Nissan is backing its big brand presence to crack the UK solar market and expects to complete its first installation in the UK in a matter of weeks.

ACWA will sign a PPA for one of the lowest ever solar tariffs of Halala 8.7815/kWh (~US$2.342) tomorrow.

Asia Clean Capital (ACC) has completed Danone China Food & Beverage’s second PV project at factory in one of the oldest cities in China, Xi’an.

African Infrastructure Investment Managers (AIIM) has invested in Starsight Power Utility, a Nigeria-based energy services company providing solar-diesel-battery hybrid and efficient cooling and lighting solutions to its commercial and industrial clients.

The platform will look to grow off-grid energy service companies spanning solar home systems, large solar, and metering applications such as pumps and mini-grids.

First Solar and SunPower have agreed to sell their Joint Venture solar power plant yieldco, 8point3 Energy Partners, to energy investment firm Capital Dynamics, Inc., for US$977 million in equity value and about US$1.7 billion in enterprise value in an all cash transaction.