Tag: solar energy

Italy announces €15.9 million solar tender

Italy announces €15.9 million solar tender

August 7, 2025 | , ,

Pavia Acque Scarl, the integrated water service company of Pavia city, has launched a €15.89 million tender for solar photovoltaic projects. According to the tender guidelines, the scope of the work includes the design, construction, and project financing management of photovoltaic systems. Additionally, it covers the development of remote individual renewable energy self-consumption systems. The concession period is set for 8 years, beginning from the date the first kWh is injected into the grid for each plant under the concession.

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Atlas Renewable Energy secures financing for 505 MWac Draco solar complex in Spain

Atlas Renewable Energy secures financing for 505 MWac Draco solar complex in Spain

July 29, 2025 | , ,

Atlas Renewable Energy has secured a roughly BRL 1 billion ($179 million) financing package from Brazil’s National Bank for Economic and Social Development (BNDES). The financing is for the construction of the Draco Solar Complex, which is situated in Minas Gerais, Brazil. The solar complex will consist of 11 photovoltaic power plants with a combined installed capacity of 505 MWac.

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Unleashing American Energy: White House Briefing

Unleashing American Energy: White House Briefing

July 25, 2025 | , ,

This brief “The Economic Benefits of Unleashing American Energy” has been prepared by The Council of Economic Advisers, an agency within the Executive Office of the President of the United States. The authors estimate that policies which support American energy dominance could raise GDP by at least 0.56-1.90 percent by 2035, or 0.31-1.23 percent without deregulation effects. Specifically, removing restrictions on commingling in offshore oil reservoirs could increase GDP by 0.03-0.13 percent by 2035.

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DOMINION to sell six solar parks in Dominican Republic

DOMINION to sell six solar parks in Dominican Republic

July 24, 2025 | , ,

DOMINION has finalised the sale of six solar parks in the Dominican Republic. The company has sold 80 per cent of its ownership in the solar parks. It will continue to retain the remaining 20 per cent share for the next three years. The value of the transaction is over $375 million. The portfolio has a combined capacity of 321 MWp. GP Capital Partners SRL advised on the deal which will generate a cash inflow of $102 million.

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Exus secures $308.2 million financing for solar and wind portfolios in US

Exus secures $308.2 million financing for solar and wind portfolios in US

July 23, 2025 | , , ,

Exus Renewables North America (Exus) has completed $308.2 million financing for several utility-scale renewable energy projects in US. The transactions involve the 185 MW Zia solar power solar portfolio located in New Mexico and the 169 MW Keystone wind portfolio situated in Pennsylvania. The company obtained $149.6 million for Zia Solar Power’s portfolio, which includes nine operational solar farms across New Mexico.

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Zelestra begins commercial operation of 435 MWdc solar project in India

Zelestra begins commercial operation of 435 MWdc solar project in India

July 23, 2025 | , ,

Zelestra has commenced commercial operations at the Gorbea solar plant in Rajasthan, India. The solar plant has a capacity of 435 MWdc and was delivered in under eight months. The project is backed by a 25-year power purchase agreement with the Solar Energy Corporation of India (SECI) and will generate 755 GWh of clean energy annually. Furthermore, the project supported over 800 jobs during its construction phase.

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Enfinity Global sells minority stake in 402 MW solar portfolio to SOFAZ

Enfinity Global sells minority stake in 402 MW solar portfolio to SOFAZ

July 21, 2025 | , ,

The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has entered into an agreement with Enfinity Global. Under the agreement, SOFAZ will acquire a 49 per cent equity interest in a 402 MW portfolio of solar photovoltaic plants in Italy from Enfinity Global. The remaining 51 per cent will be retained by Enfinity Global, and it will be the long-term asset manager. The portfolio consists of 14 solar power plants across the Lazio and Emilia-Romagna regions.

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ACCIONA Energía commences construction of 177.9 MWp solar project in Peru

ACCIONA Energía commences construction of 177.9 MWp solar project in Peru

July 21, 2025 | , ,

ACCIONA Energía has commenced construction of San José project. Located in the district of La Joya in Peru, the photovoltaic project has a capacity of 177.9 MWp. It will commence operations by the end of 2026. Furthermore, it will produce 488 GWh of clean electricity per year. The clean electricity generated will be sufficient to be supplied to 325,000 people and will avoid the annual emission of 255,000 tonnes of carbon.

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Primergy commissions 408 MWac solar project in Texas

Primergy commissions 408 MWac solar project in Texas

July 18, 2025 | , ,

Primergy Solar has commissioned the 408 MWac Ash Creek Solar project in Hill County, Texas. The project is supplying power to the ERCOT grid in partnership with Microsoft through a long-term power purchase agreement. SOLV Energy was the engineering, procurement, and construction partner for the project. The project was originally developed by Orion Power Generation, a joint venture of Orion Renewable Energy Group and Eolian.

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Cero Generation secures £200 million financing package for UK solar and BESS portfolio

Cero Generation secures £200 million financing package for UK solar and BESS portfolio

July 16, 2025 |

Cero Generation has secured financial close on a financing package of approximately £200 million for a portfolio of three co-located solar photovoltaic (PV) and battery energy storage system (BESS) projects in UK. The financing, structured as a green loan, was raised through a consortium of ING, NordLB, Rabobank, and Santander UK, with an accordion facility included for accommodating future projects in the pipeline. 

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ACWA Power, Badeel and SAPCO to develop 15 GW of clean energy projects in Saudi Arabia

ACWA Power, Badeel and SAPCO to develop 15 GW of clean energy projects in Saudi Arabia

July 15, 2025 | , , ,

ACWA Power, in partnership with Badeel and SAPCO, has entered into PPAs with the Saudi Power Procurement Company (SPPC) for the development of seven utility-scale renewable energy projects. These include five solar photovoltaic (PV) plants and two wind power projects, with a cumulative generation capacity of 15 GW. The projects, with an estimated investment of $8.3 billion, are planned to add 12 GW of solar PV and 3 GW of wind energy.

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Minnesota approves over 475 MW of solar and storage projects

Minnesota approves over 475 MW of solar and storage projects

July 14, 2025 | , , ,

The Minnesota Public Utilities Commission has approved two solar projects with a combined capacity of over 475 MW. The projects are the Iron Pine solar project and the Northern Crescent solar project. The Northern Crescent solar project will consist of a BESS system, which will be housed in a 3.2 acre facility using lithium iron phosphate battery technology. The Iron Pine solar project received a site permit for a 325 MW solar energy facility in Pine County.

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TCL Solar signs 250 MW solar module agreement in Pakistan

TCL Solar signs 250 MW solar module agreement in Pakistan

July 11, 2025 | , ,

TCL Solar has inked distribution agreements with AU Solar Solution and Madina Solar. The agreement aims to deliver 150 MW of high-efficiency solar modules to AU Solar Solution and 100 MW to Madina Solar for the Pakistani market in 2025. The partnership combines global R&D capabilities and vertically integrated manufacturing of TCS Solar with deep local market penetration of AU Solar Solution and Madina Solar.

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ARENA announces AUD 60 million funding for solar R&D

ARENA announces AUD 60 million funding for solar R&D

July 10, 2025 | , ,

The Australian Renewable Energy Agency (ARENA) has launched a AUD 60 million funding round for research and development (R&D). The R&D is to discover innovative solutions for ultra low-cost solar. The funding reflects ARENA’s ambition for innovation in solar PV and will focus on six areas across two streams. The first stream covers cells and modules, while the second stream covers balance of systems, operation and maintenance.

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Recurrent energises 1,200 MWh storage facility in Arizona

Recurrent energises 1,200 MWh storage facility in Arizona

July 8, 2025 | , ,

Recurrent Energy has reached commercial operations of the Papago Storage facility. The facility has a capacity of 1,200 MWh and is situated in Maricopa County, Arizona. Furthermore, the project is the first of three Recurrent Energy projects with tolling agreements in place with APS to become operational. Together, the three projects will provide 1,800 MWh of battery storage capacity and 150 MWac of solar generation.

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SUNOTEC acquires SIA DSE Lazas Solar from Danish Sun Energy 

SUNOTEC acquires SIA DSE Lazas Solar from Danish Sun Energy 

July 8, 2025 | , ,

SUNOTEC has acquired 100 per cent share capital in the SIA DSE Lazas Solar from Danish Sun Energy ApS to build a new PV solar power plant. The plant has a total capacity of 400 MWp with a storage capacity of 600 MWh battery storage. The project is located in Cīrava Rural Territory, Lazas parish, Dienvidkurzeme Municipality, and is expected to be commissioned in March 2027. The project’s first phase received ready-to-build permit earlier in June 2025

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Gamuda inks agreement to co-develop renewable energy projects in Australia

Gamuda inks agreement to co-develop renewable energy projects in Australia

July 4, 2025 | , , , ,

Gamuda Bhd (Gamuda) has inked an agreement with the Downie family to co-develop a portfolio of large-scale renewable energy projects in Central Tasmania, Australia. Under the agreement, Gamuda will take an unspecified equity stake in the portfolio. The portfolio has a combined capacity of 600 MW of wind and solar energy and up to 600 MW of battery storage. Reportedly, the project costs have not been disclosed.

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ib vogt sells 110 MWp Pato solar farm in Spain

ib vogt sells 110 MWp Pato solar farm in Spain

July 4, 2025 | , ,

ib vogt has completed the sale of the Pato solar farm to NextPower V ESG. The Pato solar farm is a 110 MWp solar photovoltaic project in Segovia, Spain. The solar farm generates around 215 GWh of clean electricity annually. The project benefits from a secured long-term power purchase agreement with an industrial technology innovator. Furthermore, the solar farm is equipped with bifacial solar panels with tracking mounts for enhanced efficiency and generation.

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The Senate approves the One Big Beautiful Bill in US

The Senate approves the One Big Beautiful Bill in US

July 3, 2025 | ,

The US Senate has passed the One Big Beautiful Bill, bringing changes to the country’s renewable energy framework. The bill was passed with a 51-50 vote, with Vice President JD Vance casting the tie-breaking vote. The bill introduces an accelerated phase-out of tax credits for wind and solar energy projects. The projects must begin construction before June 2026 and be operational by the end of 2027 to qualify for the production and investment tax credits.

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Quinbrook Infrastructure Partners commences commercial operations of Cleve Hill solar park in UK

Quinbrook Infrastructure Partners commences commercial operations of Cleve Hill solar park in UK

July 2, 2025 | , ,

Quinbrook Infrastructure Partners has achieved the completion of construction and commenced commercial operations of the solar asset at the Cleve Hill solar park. The project is now exporting 100 per cent of its 373 MWdc capacity. The project is located in Kent, UK. Furthermore, the Cleve Hill solar park was the first solar and battery storage project to be consented as a nationally significant infrastructure project.

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