The flagship development is the Esmerelda 7 solar and battery energy storage system (BESS) project, which comprises seven utility-scale solar facilities with a combined 5.35GW of generation capacity.
Crux said that the tax credit transferability market has “outpaced expectations” from when the Department of Treasury released guidance on the scheme in June 2023.
The land in question excludes natural reserves and high-value agricultural areas under “strict agricultural, environmental and technical criteria for hosting onshore wind and solar projects.”
US energy company NextEra Energy posted adjusted earnings of US$1.968 billion in its Q2 2024 financial results, a roughly 9% increase compared with the same period in 2023.
Swiss renewable energy investment group GoldenPeaks Capital and German commercial bank Nord/LB have closed €109 million in financing to support two solar PV project portfolios in Poland.
119 bids were successfully awarded contracts, for a total of 258.5MW capacity. Successful bids ranged between €0.0795/kWh and €0.1019/kWh, with a volume-weighted average price of €0.0894/kWh.
