Projects

The agreements cover two solar projects and one onshore wind project as they are the first phase of a 10GW pipeline of renewables projects in Azerbaijan signed in 2022.

French renewable power producer Neoen has begun construction on a 100MWp PV plant in Sweden, alongside Swedish independent power producer (IPP), Alight.

French renewable company Rubis Photosol has announced a plan to develop a 200MWp solar PV project in France.

Independent power producer (IPP) Sonnedix has acquired 416MW of solar PV portfolio in Chile from Italian energy company Enel and its subsidiary Enel Chile.

French oil giant TotalEnergies has reached commercial operations of a 380MWp solar-plus-storage project in Texas, US.

The Australian Renewable Energy Agency (ARENA) has committed AU$358 million (US$227.8 million) to new projects during the year from 1 July 2022 to 30 June 2023, while it has also assigned AU$41.5 million for ultra low cost solar, a new focus since last year.

Renewables are set to contribute 80% of new power capacity to 2030 in the stated policies scenario (STEPS), with solar PV alone accounting for more than half of it, according to the International Energy Agency (IEA).

Renewables investor Magnora ASA has sold a 90MW solar PV project in South Africa to independent power producer (IPP) Globeleq.

Mining major Rio Tinto and Aboriginal energy partnership the Yindjibarndi Energy Corporation (YEC) have signed a memorandum of understanding (MOU) to pursue the development of solar and wind projects in the Pilbara region of Western Australia.

Spanish independent power producer Opdenergy has secured US$252 million for two solar projects with a combined capacity of 260MWdc.