Spanish renewables company Grenergy has secured US$148 million in green financing to complete the development of two solar PV projects in Chile with a combined capacity of around 300MW.
The Solar Energy Corporation of India (SECI) has announced its intent to buy 500MW worth of ‘firm and dispatchable’ clean power from grid-connected renewable energy projects in 25-year power purchase agreements (PPA).
The Polish hydrogen company Hynfra has established a new company in Jordan to establish a green ammonia plant powered by a 530MW solar PV installation.
Romanian oil and gas producer OMV Petrom has bought a 710MW solar PV portfolio in its home country, which it said will be one of Southeastern Europe’s ‘most significant’ solar projects.
Global demand for solar PV could rise up to 40% in 2023 as favourable economics in the solar sector combine with broad policies like the Inflation Reduction Act (IRA) and REPowerEU schemes.
French petroleum major TotalEnergies has signed an agreement with fellow fossil fuel company Petronas to develop a 100MW solar farm in Queensland, Australia.
Finnish utility Fortum has begun development on an 80MW solar PV plant in Finland’s Virolahti municipality in the Southeast of the country bordering Russia. It will be Fortum’s first solar PV project in its home country.
US utility AES Corporation has added the 2GW Bellefield solar-plus-storage project to its portfolio after acquiring it from the project developer, Avantus.
