Utility

Solar in Australia: Large-scale solar industry takes off as 12 new plants secure finance

Australia’s large-scale solar industry now appears to be on solid ground, with all 12 plants recently awarded grant funding by the Australian Renewable EnergyAgency reaching “financial close” this month. That means they are fully financed and have locked in engineering, construction and grid connection agreements, as well as council and environmental approvals. Construction has already begun […]

Solar in USA: Southern California Edison named No. 1 solar utility in the U.S. for second year in a row

Southern California Edison (SCE, Rosemead, CA, US) delivered more solar power to its customers in 2016 than any other utility in the United States, according to rankings compiled by the Smart Electric Power Alliance (SEPA). SCE connected 1,648 MW of solar power generation capacity to the grid last year through new and expanded residential and commercial […]

Solar in LATAM: Solarcentury acquires PV projects totaling 400 MW

Four new solar industry professionals have joined Solarcentury’s (London, UK) Latin American business, from private equity investor ECOSolar. Enhancing the LatAm team strengthens Solarcentury’s ambition to become the leading developer in the region.  The 400MW of utility-scale pipeline acquired from ECOSolar includes solar photovoltaic (PV) projects that are a mix of ready to build and […]

Solar in Middle East: Saudis to Seek Bids for 700-Megawatt Wind and Solar Projects

Energy Ministry qualifies 51 companies to bid for power plants First Solar, renewables unit of EDF among qualified companies Saudi Arabia will begin seeking bids next week from renewable-energy companies to build wind and solar plants with a combined capacity of 700 megawatts as part of the kingdom’s $50 billion program to boost power generation and […]

Solar in LATAM: Enel Green Power starts construction of the 238 MW Don José solar PV project in Mexico

Enel Green Power (EGP, Rome, Italy), through its Mexican renewable energy subsidiary Enel Green Power México (EGPM), has begun construction of Don José solar photovoltaic (PV) plant, which is located in San Luis de la Paz, in the country’s North-Central state of Guanajuato.  Don José will have an installed capacity of 238 MW and once completed […]

Canadian Solar Signs PPAs with SECI to Develop 80 MWac Solar Power Projects in India

Canadian Solar Inc. (NASDAQ: CSIQ), one of the world’s largest solar power companies, today announced that it has secured Power Purchase Agreements for an aggregate 80 MWac of solar power projects with the Solar Energy Corporation of India (SECI), a public sector undertaking of the Government of India. Canadian Solar was awarded these projects under […]

Tesla Completes Hawaii Storage Project

Provides power that’s cheaper than utility’s cost for diesel Project has 13 megawatts of panels, 52 megawatt-hours storage Tesla Inc. has completed a solar project in Hawaii that incorporates batteries to sell power in the evening, part of a push by the electric car maker to provide more green power to the grid. The Kapaia installation includes […]

Solar in Middle East: JinkoSolar and Marubeni Corporation enter into PPA for a 1.2 GW solar project in Abu Dhabi

JinkoSolar announced that a consortium consisting of JinkoSolar and Marubeni Corporation have entered into a Power Purchase Agreement with the Abu Dhabi Water and Electricity Compan for the Solar PV Independent Power Project located at Sweihan, Emirate of Abu Dhabi, United Arab Emirates. A special purpose company jointly owned by JinkoSolar, Marubeni, and the Abu […]

Clean Disruption News: U.S. power utility company AES Corp and AIMCo to buy solar developer FTP Power for $853 million

U.S. power utility company AES Corp (AES.N) said on Friday it would buy a privately held company that builds utility-scale solar projects, along with Canada’s investment fund manager Alberta Investment Management Corp, for $853 million in cash. The deal to buy FTP Power LLC, popularly known as sPower, from hedge fund Fir Tree Partners also […]

Sonnedix announces partnering with GSSG Solar for a 170MW expansion in Japan, taking its global reach well beyond 1GW

Sonnedix, through its Japanese operator Nippon Solar Services (NSS), has partnered with GSSG Solar (GSSG) to deploy a 170MW portfolio of Solar PV plants, with 47MW under construction, and the rest currently under development. The announcement comes at a period of sustained growth for Sonnedix, taking its global reach well beyond 1GW, with almost 500MW […]

Equis Energy to invest $300 mln in two solar plants in Australia

Equis Energy said on Wednesday it plans to build two solar power plants for A$400 million ($303 million) in Australia, marking the Singapore-based renewable energy developer’s first investments in the country. The two 100-megawatt solar plants would be in South Australia and Queensland, moving the country a step closer toward the federal government’s target for at least 20 […]

Solar in MENA: Masdar Appoints IFC to Oversee Funding of Jordan’s Largest Solar Power Project

Masdar, Abu Dhabi’s renewable energy company, has selected International Finance Corporation (IFC), a member of the World Bank Group, to oversee the funding of the largest solar power plant in the Hashemite Kingdom of Jordan.  The solar power plant is a 200 MW photovoltaic facility being developed by the wholly owned Masdar subsidiary Baynouna Solar […]

Saudi Arabia’s ACWA Signs Jordan’s Lowest-Cost Solar Project

Solar plant in Risha should be done by first quarter of 2019 Electricity consumption growing 7% a year in Jordan: ACWA Saudi Arabia’s ACWA Power International signed Jordan’s lowest-cost solar energy project as demand for power from the sun grows.  The 61-megawatt solar power plant will provide electricity at 5.88 cents per kilowatt hour, Paddy Padmanathan, chief […]