Projects

Catalyze has secured US$85 million in tax equity investment to support the construction of 75MW of distributed solar projects in the US.

Australian mining giant Fortescue Metals Group announced today (16 April) that construction has started on a 190MW solar PV plant at its Cloudbreak site in Western Australia.

Renewable energy will need policy support to reach “economically optimal” levels for the global energy transition, according to BloomberNEF.

US renewable energy company Sunraycer Renewables has closed a US$475 million project financing facility for two solar-plus-storage projects in Texas.

Texas-based renewables developer Vesper Energy has begun commercial operations on its 600MW Hornet Solar project.

Masdar has signed two agreements with the Indonesian electricity firm PT PLN to expand floating solar capacity on the island of Java.

Artificial Intelligence will “transform” the energy sector over the next decade, according to a report from the International Energy Agency.

A 10-year solar-based PPA will play an integral role in a new agreement that will see BOC Australia replace 45% of its power with renewables.

Octopus Australia has completed financial close and started construction on its 80MW Fulham solar-plus-storage project in Victoria.

A round-up of news from the US community solar sector this week, including Altus Power, Castillo Energy, NSE and CCSA.