Raising more than US$1 billion in equity capital in the past year, US independent power producer (IPP) Silicon Ranch is looking to expand its model of developing, owning and operating large-scale PV plants while maintaining a strategy of co-locating projects with regenerative agriculture.
Silicon Ranch has raised US$775 million in new equity capital to help progress on its existing project pipeline, enter new markets and pursue acquisitions.
Consumer-owned utility Walton Electric Membership Corporation (EMC) and independent power producer (IPP) Silicon Ranch have completed the construction of three utility-scale solar PV projects with a total capacity of 287MW that will be used to power Meta’s (formerly Facebook) operations in Georgia, US.
A consortium led by Singaporean conglomerate Keppel Corporation is acquiring a 51% stake in Asian commercial and industrial (C&I) solar specialist Cleantech Solar for up to US$150 million.
Commercial and industrial (C&I) solar developer Altus Power will offer distributed renewables and energy storage solutions through a new partnership with energy major Shell.
Oil and gas major Shell has launched the Shell Energy brand in Brazil and has committed to investing R$3 billion (US$570 million) in renewables in the country by the end of 2025
Shell has signed a memorandum of understanding (MOU) with Singaporean development agency JTC to explore the development of a new solar farm on the Semakau landfill to the south of Singapore.
Danish renewables developer Ørsted has said it plans to invest DKK 350 billion (US$57 billion) by 2027 to reach 50GW of installed clean energy capacity by the end of the decade.
Singapore’s recently unveiled Green Plan 2030 could kickstart the country’s emerging solar sector, according to a new report from analyst Fitch Solutions.
