Projects

The European Investment Bank (EIB) has committed €28.5 million (US$30.8 million) to support the construction of 230MWp of solar PV projects in Greece’s Western Macedonia Region.

Duke Energy Sustainable Solutions has acquired a new solar power plant in Colorado, providing 175MW of electricity to a utility company's customers in the same state.

PV has outpaced wind as the preferred choice for corporate buyers in the US, with utility-scale solar accounting for 58% of the total contracted clean power to date, according to trade body the American Clean Power Association (ACP).

Nearly two-thirds of US generating capacity additions in the next three years will be fulfilled by solar, with the technology’s share of power generation in the country set to almost double, according to a report from the Federal Energy Regulatory Commission (FERC).

Lightsource bp has closed a tax equity deal, worth US$267 million, with financial services company Wells Fargo for a 481MW solar portfolio.

Solar PV will be the most dominant non-hydropower renewable in added capacity, with 12GW, during the next ten years in South Korea.

UAE-owned renewables company Masdar has signed a memorandum of understanding (MOU) and a joint development agreement with Zambia state-owned utility Zesco to develop 2GW of solar PV in the African country.

250MW of solar PV in Wisconsin owned by state utility Alliant Energy has come online this week, completed by engineering group Burns & McDonnell.

Renewables investor Cubico Sustainable Investments (Cubico) has signed an agreement with energy solutions platform ZEG Energias Renováveis (ZEG) to acquire a developing solar PV project in Brazil. 

Middle Eastern renewable energy company AMEA Power has signed an agreement with the Ivory Coast government for a solar PV project.