Canadian institutional fund manager Caisse de dépôt et placement du Québec (CDPQ) has acquired a portfolio of 73 Spanish solar plants from renewables investor Q-Energy.
A round-up of the latest solar project development news from around the world, as Sungrow wins a significant order for its 1500V inverters, Scatec Solar completes a notable project in Malaysia and Hive Energy continues Spain’s solar run.
Solar PV has been the driving factor behind the growth of Spain’s green energy sector so far this year, with renewables generation between January and September up 16.3% on the same period of 2019.
Solar developer Solaria has signed a ten-year power purchase agreement (PPA) with energy trader Axpo Iberia to support three of its utility-scale solar farms in Spain.
Industrial conglomerate GFG Alliance has signed an agreement with Ignis to co-invest in the development, construction, operation and maintenance of Spanish solar and wind projects with a capacity of around 1.2GW.
French oil major Total will aim to cover all the electricity consumption of its European industrial sites from solar power by 2025 after securing a new development agreement with Spanish firm Ignis.
Trina Solar has taken full control of Spanish tracker system manufacturer Nclave, acquiring the remaining 49% stake in the company it did not already own.
Solarpack increased its H1 operating revenues nearly three-fold (191%) year-on-year to €78.84 million (US$93.64 million), thanks in part to the commissioning of PV projects in Spain, Chile and India.
