utility-scale solar

Investment firm General Capital has invested US$500 million in developer Pine Gate, which will support its utility-scale solar expansion.

Solterra Energy has entered into a partnership with renewable investors Leyline Renewable Capital, under which Leyline will provide US$10 million to support up to 1GW of distributed generation (DG) and utility-scale solar projects across the eastern US.

Utility-scale solar in the US remains plagued by underperformance issues as capex costs have risen for the “first time in decades”.

Global investment manager CarVal has invested €100 million (US$107 million) in Swedish solar company Svea Solar to support its expansion of utility-scale solar plants in Europe.

Norwegian energy giant Statkraft has opened its first large-scale solar plant in India as it targets long-term growth in the South Asia country.

Arizona Public Service (APS) has issued an all-source request for proposals (RFP) for 1-1.5GW of resources to be added before 2027.

Solar PV and other renewables account for more than a third of electricity generation in Australia’s National Energy Market (NEM) in Q1 2022, coal’s share slipping by five percentage points year-on-year.

Indian Independent power producer (IPP) ReNew Power has signed a number of offtake agreements with both state utilities and corporates in India totalling roughly 2GW.

The latest solar tender in Germany has awarded contracts for just over 1GW of PV projects, but witnessed a slight uptick in prices compared to the previous round.

PV Tech has once again partnered with Intersolar Europe to publish a special edition of PV Tech Power ahead of next month’s exhibition and conference.