Projects

Funds have been raised from private equity providers for two community solar developers that benefit several US states, in separate deals.

The IPP has begun the build phase of a new 420MW hybrid renewable energy park in Mohave County, Arizona, with completion due in 2028.

Dos Grados has agreed to acquire three PV solar projects in Spain from Akuo, with a combined installed capacity of more than 500MW.

Spanish IPP Grenergy has secured a US$457 million non-recourse senior financing for a 446MW Chilean solar-plus-storage portfolio.

Australia has endorsed a global plan to double the number of homes with rooftop solar PV by 2030, becoming the first country to do so.

LGI, an Australian landfill gas and renewables company, has agreed to buy two operating solar PV power plants in Queensland.

Sonnedix acquires 54MW of Italian solar, while Sunrock and BGRE partner to assess 135MWp across Germany, France and the Netherlands.

As solar PV continues to grow globally, the technology is set to become the largest contributor to the world’s electricity mix from 2031, according to a report from technical and safety expert DNV.

Bondada Engineering secures a US$119.3 million solar EPC order, while its subsidiary Onix IPP secures US$94.1 million in SBI financing.

US clean energy developer Clearway Energy has closed financing and started construction on a 650MW solar project in Missouri.