projects

BNZ has secured a €166 million (US$185.4 million) loan from the European Investment Bank (EIB) for 700MW of new solar capacity in Europe.

The world is on pace to add 593GW of new solar power capacity in 2024, a 29% increase over the capacity added in 2023.

EDF Renewables, the Korea Western Power Company (KOWEPO) and Masdar have reached financial close for the 1.5GW Al Ajban solar project.

Eurowind Energy has signed a shares purchase agreement for a 55MW solar portfolio, currently under construction in Portugal.

The US Department of Energy (DOE) has closed loan financing for a 15MW solar-plus-storage project to be built on Tribal land in California.

Niam Infrastructure and Evecon have announced plans to build a new solar-plus-storage portfolio in Latvia.

Aggreko Energy Transition Solutions has closed US$66 million in loan financing to develop 88.5MW of distributed solar capacity in the US.

In the fourth round the Irish Renewable Energy Support Scheme (RESS 4), approximately 1,334 MW of onshore renewable electricity won support.

Three new Eastern European countries hit 1GW of solar in 2023, but many are struggling to maintain the tempo after the 2022 energy crisis.

Actis has entered a strategic partnership with the companies behind a 3.5GW solar, 4.5GWh storage project in the Philippines.