Projects

Indian independent power producer (IPP) ReNew Power has secured US$331 million from the Asian Development Bank (ADB) for its solar plant in the Southern state of Andhra Pradesh. 

The Australian Renewable Energy Agency (ARENA) will invest up to AU$45 million (US$29 million) in Fortescue's Solar Innovation Hub in the Pilbara region of Western Australia.

The Australian government has approved the 300MW Dunmore solar-plus-storage project near Toowoomba, Queensland, completing the environmental assessment process in just 19 days.

Renewables asset fund Alantra Solar has secured €355 million to support the development and construction of five solar PV projects in Italy.

Independent power producer (IPP) Matrix Renewables has completed the construction of a 284MW solar PV plant in Texas.

Apple has signed a power purchase agreement (PPA) with Danish developer European Energy for renewable electricity from the 108MW Lancaster solar park in Victoria, Australia.

Australian energy retailer Flow Power has secured an offtake agreement from the 400MW Stubbo Solar project in New South Wales to underpin the launch of its Flow Home residential energy service in the state.

The French and Italian solar markets have both moved forward in their latest public tender process for solar capacity.

The low volatility displayed in PV module prices in Europe has reached a sustained equilibrium between production and demand in October, according to online solar marketplace sun.store.

Osaka Gas and Sonnedix have announced plans to install a BESS at the latter's 38.7MW Oita solar project in Japan.