utility-scale solar

Swedish developer Solkompaniet and investment firm Niam have entered into a framework agreement to invest €300 million in utility-scale solar PV in Sweden.

Under the REPowerEU scenario to install 750GWdc of solar across the European Union by 2030, the bloc will require 1 million solar workers, double the numbers from 2021.

Canadian Solar was behind the company Zapaleri that received a successful bid in Chile’s July auction with 253MWp of solar PV and 1GWh energy storage.

The top ten developers for utility-scale solar accounted for 125GW of operational, under construction and contracted projects between July 2020 and June 2021, according to a report from research firm Mercom Capital Group.

Australia will need 1.9TW of solar PV in order to reach net zero by 2050, according to the report 'Net Zero Australia'.

Utility giant Iberdrola will commission 1.4GW of solar PV in Spain in the coming months, with 12 projects already in construction.

German utility RWE has acquired Polish developer Alpha Solar which has a solar project pipeline of nearly 3GW.

QatarEnergy has selected Samsung C&T as the EPC contractor for two large-scale solar PV plants in Qatar with a total capacity of 875MW.

Norfund and Norwegian pension company KLP have agreed to take a 49% stake in a 420MW solar PV plant in India developed by Enel.

The Inflation Reduction Act (IRA) is expected to add an extra US$110 billion in investment for utility-scale solar in the US by 2030, increasing the country's utility-scale deployment by more than 70GW.