Clean energy company Nexamp has secured US$400 million in debt and equity financing to develop up to 250MW of community solar and storage projects across the US.
Emeren Group – a global solar PV developer – has sold its 58MW Polish solar portfolio to Spectris Energy. The projects were sold ‘ready to build’, and Spectris will handle construction and own the projects long-term.
European Energy (EE) has received a construction permit for a 250MW PV plant in Catania, Sicily. The company said that the installation will be the largest in Italy upon completion.
Enefit Green has reached final investment decision on the 74MW Sopi solar PV project in Estonia, into which it will invest approximately €44 million (US$47 million).
Lightsource bp has reached commercial operation of its 152.5MWac Bellflower Solar project in Indiana, with a virtual power purchase agreement (VPPA) in place with communications company Verizon.
Sungrow has signed an agreement to supply 2.1GW worth of inverters to the Al Shuaibah PV project in Saudi Arabia, which will be the largest solar farm in the world once it reaches operations.
The projects will be realised by the end of this decade and will represent around US$1 billion in investment, according to Founder & CEO of Edelen Renewables, Adam Edelen.
ACWA Power has signed an agreement with Badeel – the water and electric holding company of the Saudi Arabian Public Investment Fund (PIF) – to develop 4.5GW of solar PV projects in Saudi Arabia. The projects will represent an investment of SAR12.2 billion (US$3.3 billion).
US renewables developer rPlus energies has signed a long-term power purchase agreement (PPA) with Idaho Power – a state utility – for its planned 200MW Pleasant Valley Solar project in Ada County, Idaho. The power will support operations at a data centre owned by Silicon Valley giant Meta.
