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All articles of topic Solar projects

Solarparks on the site of the former Amynteo opencast lignite mine in Northern Greece.

Greece – 567 MW new solar projects from RWE and PPC

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The energy groups helping drive Greece’s energy transition through the joint venture Meton Energy S.A. are now at the final investment decision stage for two large-scale PV projects in Central Macedonia, Northern Greece.

The Llanwern 75 MW solar park from NextPower UK, the UK's largest operating solar asset.

NextPower UK ESG: £733 million fundraising exceeds expectations

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NextEnergy Capital announces that NextPower UK ESG – the largest private fund focused specifically on new-build UK solar topped its original target of £500 million by nearly 50%.

Romania is an important focus market for the expansion of the solar portfolio of R.Power.

Weekly Topic: Romania: R.Power expands PV projects

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R.Power announced the signing of contracts for the general execution of a 23 MW photovoltaic farm portfolio. The projects will be built by the Polish company Nomad Electric and the Romanian company Waldervar.

The Polish Development Bank has a strong focus on the financing of solar and other renewable projects.
Financing

Polish Development Bank signs financing agreement with R.Power

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Project developer R.Power signed a loan agreement with the Polish Development Bank for the construction of a portfolio of PV projects with a total capacity of 72 MW.

RWE and PPC joined forces for a major PV investment in Greece.
RWE/PPC

New PV projects with more than 200 MW in Greece

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RWE and PPC will build five PV projects with more than 200 MW in Greece. The total planned investment is €180 million, €90 million co-financed by RRF, PPAs are signed.

BayWa r.e. sold a 115 MW solar portfolio in Spain to an investment group.
Financing/Investments

High investor interest in PV in Spain

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BayWa r.e. sells a PV portfolio consisting of three solar projects with a total capacity of 115 MW to L&G NTR Clean Power Fund. This is managed by international asset manager Legal & General Investment Management (LGIM), and NTR, one of the leading investors in renewable energy.

Earlier this year, Belectric has already commissioned three solar farms in the Netherlands. The picture shows the photovoltaic system in Losser.
Dutch solar market

Netherlands: Belectric secures another major contract

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Belectric secured another major contract in the Netherlands. By constructing four solar power plants for its new customer Low Carbon, solar energy specialist Belectric continues to expand the company presence on the Dutch market.

German project developer Abo Wind is expanding its solar activities in South Africa.
 Financing

Abo Wind sells two 100 megawatt solar projects in South Africa

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Project developer Abo Wind has sold two South African solar projects, each with a capacity of 100 megawatts. The buyer, South African Sola Group, has already signed a private power purchase agreement (PPA) for the projects with mine operator Tronox.

The Polish Development Fund (PFR) is investing in the sustainable social and economic development of the country.
Financing

Poland: New capital through green bonds for R.Power

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The PFR Closed-end Investment Fund of Non-Public Assets (FIZAN), part of whose investment portfolio is managed by the Polish Development Fund, has taken up green bonds of R.Power worth PLN 120 million (EUR 25,4 million).

Global investment in renewable energy in the first half of 2022 set a new record.
Renewable energy

Record first-half for new investments

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BloombergNEF reports an 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226 billion.

Sharp provides access to Japanese subsidies for joint solar projects in Ethiopia.
Solar project financing:

Sharp gives access to Joint Crediting Mechanism in Ethiopia

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Sharp Energy Solutions Europe expands its PV business in Ethiopia, getting along with several millions of Joint Crediting Mechanism (JCM) subsidies for PV panels.

BayWa r.e. plans to realize more than 1 GW of renewable energy projects in 2022.
Companies:

Significant growth forecasted for BayWa r.e. in 2022

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After a successful financial year 2021 with numerous highlights in all BayWa r.e. business units the company forecasts record growth for 2022 with the planned realization of more than 1 GW of renewable energy projects.

RWE has been awarded contract for difference awards for solar projects with more than 20 MW in Poland.
Central Europe:

Poland: RWE successful at renewables auctions

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RWE is growing its renewables portfolio in Poland: at the end of December the company received Contract for Difference (CfD) awards from the Polish Energy Regulatory Office for solar projects with a total capacity of more than 20 megawatts (MW).

The Middle East has a huge potential for solar, but the environmental conditions are harsh.
Sungrow:

Middle East: Promising PV-project development

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According to IHS Markit PV installation capacity in the Middle East will exceed 50 GW by 2030. Companies like Sungrow intensify their engagement in the region.

SENS and LSG Group built solar parks with a total capacity of 65 MW within the last 12 months in Hungary.
SENS and LSG Group:

Hungary: 65 MW new solar parks completed

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Together with its Austrian partner in this project, the LSG Group, Steag Solar Energy Solutions (SENS) has added 130 solar parks with a total capacity of 65 megawatts to the Hungarian power grid since August 2020.

Investment in solar projects rose to a record $78.9 billion in the first half of 2021.
BloombergNEF:

Record investments in solar projects in first half of 2021

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New investment in renewable energy projects and companies totalled $174 billion in the first half of 2021, supported by record public market financing and record levels of venture capital and private equity commitments.

Last year, Poland recorded the increase in the installed PV capacity by nearly 2.5 GW.
Financing:

Poland: Financing agreement for 91 MW PV projects

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BNP Paribas Bank Polska and Santander Bank Polska signed the agreement for PLN 242 million (EUR 53 million) on the financing of R.Power solar power plants’ portfolio

Counter-intuitively, solar electricity is cheaper in a low-sun country in Europe than in an African country with a higher level of solar irradiation.
Free webinar:

Reducing the cost of capital for solar projects in Africa

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SolarPower Europe is hosting a free webinar tomorrow where African and European experts will shed light on how to reduce the levels of cost of capital for solar projects in Africa:

Pollinator-friendly solar sites can increase the yields of some nearby crops.
USA:

Pollinator-friendly solar projects move forward

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A new portfolio will include over 200 acres of pollinator-friendly habitat across 14 projects representing 28MW of solar capacity across Vermont and Maine.

Solar Support has recently performed a complete onsite inspection of the module, tracker and inverter equipment, which greatly benefitted the project operator.
Operation & Maintenance:

End-of-warranty plant and equipment assessments

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PV reliability expert’s independent evaluations help asset owners avoid potential system performance losses and component replacement costs.

Ecoligo reports increasing interest in sustainable crowdinvestments in solar projects in emerging markets.
Financing:

Booming sustainable crowdinvestments

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Many individual investors drive energy transition in emerging markets with sustainable crowdinvestments and benefit from up to seven percent return per year.

Within the next year, CCE intends to construct part of the projects within the company in cooperation with institutional investors.
Financing:

CCE issues a corporate bond to fund its solar projects

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To finance the international solar pipeline for the Clean Capital Energy Group (CCE), the company successfully placed its first corporate bond.

The winners of the the prestigious The smarter E AWARD 2020, the Intersolar AWARD 2020 and the ees AWARD 2020 were presented yesterday.

The smarter E AWARD 2020 for pioneering projects and products

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Innovative business models and pioneering projects for a sustainable energy industry have once again been honored with The smarter E AWARD. Phaesun, Solar Chernobyl and SunPower Corporation were crowned the winners of the Outstanding Projects category. The prize for Smart Renewable Energy went to Stadtwerke München, Fronius International and Next Kraftwerke.