Projects

More than 2GW of solar has won contracts in the UK’s latest renewables auction clearing at a strike price of £53.40/MWh (US$64.19/MWh).

Solar and wind installations in the US generated more electricity than the country’s nuclear power plants for the first time in April.

Scotland-based renewables developer Renewco Power has acquired a 2GW pipeline of US-based solar and energy storage assets from Beaufort Rosemary.

The company behind a renewables project that will feature 7GW of solar PV and 5GW / 20GWh of battery storage in Morocco is progressing with offshore surveying for four high-voltage direct current (HVDC) cables that will eventually connect the installation exclusively to the UK.

Energy major Shell will start constructing a renewable hydrogen plant in the Netherlands that it said will be the largest project of its kind in Europe when operational in 2025.

US power distribution company Entergy Arkansas has issued a request for proposals (RfP) for 1GW of solar and wind resources.

Polish developer R.Power is seeking a primary equity capital raise to fund its future growth plans in several European countries.

US PV developer Birch Creek Development has increased its existing credit facility with debt financing provider Fundamental Renewables to US$250 million to pursue its 5GW solar pipeline in the US and support its module procurement strategy.

Infrastructure investor Actis has acquired a stake in Latin American renewables asset owner Omega Energia as it looks to develop a pipeline of assets in the region.