project acquisition

Dominion Energy has submitted proposals for nine new solar projects in Virginia with a combined capacity of nearly 500MW as the utility continues to build out its renewables portfolio to meet its clean energy obligations in the state.

EDF Renewables North America has acquired a pipeline of more than 20 US solar assets from project developer Geenex Solar, totalling more than 4.5GW of capacity.

A newly formed joint venture (JV) between Adani Green Energy and Total has increased its operating solar portfolio to 2,353MW after securing additional assets in India.

Asset management firm Capital Dynamics has entered into an agreement to acquire interests in three US solar PV projects with a total capacity of 316MW from developer LS Power.

A round-up of the latest news from Europe’s solar market, as Lightsource BP continues its Spanish charge and Iberdrola launches a grid R&D centre.

Lithuanian state-owned energy company Ignitis Group has signed an agreement to acquire solar parks in Poland with a total capacity of up to 170MW from developer Sun Investment Group (SIG).

Project developer Luminous Energy has agreed to offload its 162MW Columboola Solar Farm in Queensland to South Korea’s Hana Financial Investment.

Azure Power and Tata Power were among winners in a reverse auction for 1.2GW of solar projects in India, with a winning tariff of INR2.43/kWh (US$0.0324).

Milan-headquartered Falck to buy 70% stake of vehicle holding utility-scale scheme, which has secured grid connection and is now eyeing building permits.

Sprng Energy, an India-focused renewable energy arm of London-based investor Actis, has acquired a 194MW operational solar portfolio from Mumbai headquartered conglomerate Shapoorji Pallonji Infrastructure Capital (SP Infra) in order to grow its India PV portfolio.