Current higher wholesale prices and favourable economics for renewables in Europe would have developers as the primary beneficiaries this decade, according to a report from advisory firm Edison Group.
An infrastructure company owned by billionaire Enrique Razon is planning to build a solar-plus-storage plant in the Philippines that will feature 2.5 – 3.5GW of PV.
Danish energy company Ørsted is establishing an onshore renewables business in Spain as it looks to participate in the country’s auctions and develop solar, wind and energy storage projects.
Independent power producer Scatec has signed power purchase agreements (PPA) for three co-located solar and storage projects in South Africa that include 540MW of PV capacity.
A round-up of the latest solar project news, as BNZ enters Portugal, Centrica pens a VPPA with Matrix Renewables in Spain and a 73MW plant in California is completed.
Energy investment platform CleanCapital has secured a US$200 million credit facility to support its pipeline of distributed solar and energy storage projects.
Cero Generation, a solar portfolio company of Macquarie’s Green Investment Group (GIG), has closed financing on its first corporate power purchase agreement (PPA)-enabled agrivoltaic project in Italy.
Solar developer Lightsource bp is setting up operations in France as it looks to reach a 1GW pipeline of large-scale PV projects in the country by 2026.
German renewables company BayWa r.e. will tender 10TWh of green electricity later this year, describing the move as a “turning point” for Europe’s power purchase agreement (PPA) market.