Lightsource bp has closed on a US$533 million financing package for the development of 480MW of solar PV across the US as the company continues to expand its operations in the country.
German asset manager KGAL Investment Management has acquired a combined 50% stake in renewables developer GP Joule Projects, with the two companies intent on taking advantage of the “immense growth opportunities” of renewables across Europe, and in particular Germany.
Global Infrastructure Partners (GIP) alongside co-investors has closed on a US$500 million investment in independent power producer (IPP) BrightNight LLC to fund the company’s development efforts as well as the construction and operations of its projects.
A newly launched independent power producer (IPP) from clean energy fund manager Glennmont Partners is to develop a 473MWp portfolio of solar PV plants in Spain.
Despite a current shortage of electrolyser manufacturing capacity, the global green hydrogen sector is poised to benefit from a rapid ramp-up in electrolyser output over the coming years, according to Fitch Solutions.
Australian LNG player Woodside Energy has tabled plans to build a utility-scale solar-storage project with a generation capacity of up to 500MW in Western Australia.
Solar PV power generation in Vietnam could about to be maximised through the integration of battery energy storage systems (BESS), with consultancy AqualisBraemar LOC Group (ABL Group) hired to conduct feasibility studies across multiple PV plants following curtailment issues in the country.
Solar power will account for nearly half of utility-scale capacity additions in the US this year, according to new figures from the country’s Energy Information Administration (EIA).
