Projects

EDP has secured €700 million in loans from the European Investment Bank (EIB) to support the development of over 1.9GW of renewable energy capacity

The Huadian Tibet Caipeng project, at 5,228 metres above sea level, is the highest-altitude solar project to receive a grid connection.

Recurrent Energy, the renewable energy developer arm of solar manufacturer Canadian Solar, has reached financial close on a 171MW solar-plus-storage project in Victoria, Australia.

This week, a number of solar developers have raised funds for a number of projects, including Sonnedix in Europe and Origis in the US.

Located in the northern department of Atlantic, Enel started construction of two solar PV projects, the Guayepo III and Atlántico, with 200MW and 199.5MW of capacity, respectively.

The sale of the three phases represents 23% of the capacity of the Oasis de Atacama solar-plus-storage project.

US utility Alliant Energy has completed construction at two solar projects in the US state of Iowa with a combined capacity of 200MW.

The sites are expected to generate over 120MW of solar power, Nexamp said, across the states of Maine, Massachusetts, New York, Illinois and Minnesota.

Overall, Germany (with 16.1GW added in 2024) continues to be the most important market in the European Union for solar PV, followed by Spain (9.3GW) and Italy (6.4GW).

Romania's Ministry of Energy’s first Contracts for Difference (CfD) has awarded 11 solar PV projects with a combined capacity of 432MW.