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utility-scale solar
Trends
- 1Proparco and Santander finance Grupo Enhol's 467MW Peru solar project▼Proparco, Santander finance Grupo Enhol’s 467MW solar PV project in Peru
Spanish developer Grupo Enhol has secured financing from France's Proparco and Santander for a 467MW solar PV project in Peru. The deal, reported by PV Tech, adds to a wave of large-scale renewable energy investments in Latin America, where developers and development finance institutions are backing utility-scale solar to meet growing demand and decarbonisation goals.
- 2Study finds utility-scale solar lowers grid costs▼Our study didn’t ignore grid costs. We measured them — and utility-scale solar lowers them.
Researchers behind a new study are pushing back at critics, saying their analysis did not ignore grid costs but directly measured them. They report that utility-scale solar power reduces overall grid costs rather than raising them. The response comes amid ongoing debate over how large-scale solar affects electricity rates and infrastructure spending.
- 3ACEN sells initial 10% stake in 250-MW Indian solar project●ACEN sells initial 10% stake in 250-MW Indian PV scheme
ACEN, the renewable energy arm of the Ayala Group, has sold an initial 10% stake in its 250-MW solar project in India. The partial divestment is an early step in the company's plans to bring in partners for the Indian photovoltaic scheme, reflecting ongoing interest from investors in utility-scale solar assets in the country.
- 4Lightyears and Maori partners break ground on 15-MW solar farm●Lightyears, Maori partners turn sod on 15-MW New Zealand solar project
Lightyears, together with Maori partners, has turned the first sod on a 15-megawatt solar project in New Zealand, marking the start of construction. The development reflects the country's accelerating push into utility-scale solar and the growing role of Maori partnerships in renewable energy ventures. Details on the project's location, investors and completion date have not yet been widely reported.
- 5
New Zealand solar developer Lodestone Energy has launched its initial public offering, marking a step toward public listing for the utility-scale renewables company. The move opens the door for investors to buy into the country's growing solar sector, and market watchers will be tracking how the offering is received amid ongoing interest in clean energy assets across Australasia.