Recently name checked as among the cheapest places in the world to develop solar, Chile has emerged as a particularly popular destination for solar finance. But as the country proceeds towards a 100% renewables target, political instability and legacy network issues stand in its way. Molly Lempriere explores how Chile can leap those hurdles on its way to a green grid.
8minute Solar Energy has closed a US$225 million letter of credit facility with five major banks as it looks to power ahead with an 18GW pipeline of solar and storage projects in the US.
NextEnergy Capital (NEC) has entered into two separate ten-year power purchase agreements with Shell Energy North America for the power from two US-based solar farms.
Gemini Solar + Battery Storage Project, approved for construction by the US Department of Interior earlier this month, will be managed by a newly-launched subsidiary of investor Quinbrook Infrastructure Partners.
What intends to be Australia’s largest solar farm has edged one step closer to deployment after its developer Neoen clinched a major offtaker agreement.
Fifth phase of 5GW Mohammed bin Rashid Al Maktoum Solar Park will be deployed by ACWA, GIC-led consortium, chosen last November after tabling bids of US$0.016953/kWh
The University of Pennsylvania has signed a long-term power purchase agreement to procure clean electricity from what’s claimed to be the commonwealth’s largest solar project.
