As the Sept. 30 deadline for closing loan guarantees approaches, the US Department of Energy has finalized another one, this time for $337 million for the 150MW (AC) Mesquite Solar 1 power plant in Arizona. The project is owned by Sempra Energy, which has signed a 20-year power purchase agreement to sell the electricity generated to Pacific Gas & Electric.
Premier Power will be adding to its installed capacity portfolio with a recent deal that will see the company build four PV power plants, which will total 16.2MW, in Dimitrovgrad, Bulgaria. The projects stem from a joint venture with European EPC firm Plaan Czech and will see Premier Power construct plants ranging in size from 3MW to 5MW. Although the value of the deal was not disclosed, the company advised that the installations are funded through a private investment company based in the Czech Republic.
Solon revealed that its 12.3MW distributed solar project in Italy has been successfully completed with installations having been developed on 18 buildings and 7 carparks for Interporto di Padova. The €50 million project is said to be the largest of its kind in Italy and received financial support from several institutions including, BIIS and Banca Popolare di Verona.
Continuing to build its project pipeline, First Solar has been awarded the engineering, procurement and construction (EPC) contract for a 130MW solar park to be built in Imperial County, California. Tenaska Solar Ventures, the solar energy affiliate of independent utility company Tenaska, will operate the park and has a 25-year power-purchase agreement (PPA) with San Diego Gas & Electric (SDG&E), which was announced in March 2011.
In a bid to generate 5% of the emirate’s electricity needs from renewable sources by 2030, Dubai authorities were cited by a Reuters India report as being on the verge of announcing details of a large solar power plant in the region. Saeed Mohammed al-Tayer, vice chairman of Dubai's Supreme Council of Energy, has said that although the 5% target will comprise several forms of renewable energy sources, “[t]his is mainly going to be solar”.
According to news reports, US-based solar installation firm, SolarCity will not be able to complete and comply with documentation deadlines of September 30 to be considered for a US Department of Energy loan guarantee, previously announced.
SunEdison’s 53.5MW multi-site solar PV project in New Mexico looks set for completion by the end of this year, and has been buoyed by the news that it has secured financing of over US$200 millions from financier Wells Fargo. MEMC subsidiary company SunEdison has now activated three of the five power plants that together make up the 53.5MW total, and the remaining two plants are scheduled for completion before year’s end.
Solar Millennium has claimed that its Kuraymat, Egypt solar-thermal power plant, in operation since June, has been surpassing field performance by 8%. The parabolic trough technology hybrid plant holds an overall 150MW electric capacity and in addition to solar energy, uses natural gas to allow for 24-hour operation.
Isolux Corsán’s first venture into the UK solar market has been successfully completed with the commenced operation of three, 5MW power plants in Langform, Churchtown and Manor in Cornwall. The €40 million project is said to be the largest, combined, in the UK holding a 15MW-installed capacity.
IKEA officially started generating solar power with its 11th completed US solar project; a new 538kW, 68,000 square foot PV system at its Emeryville, California location. Using 2,394 Gloria Solar panels, the system is anticipated to produce nearly 760,300kWh of solar electricity per year.
