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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.
- 2Elgin buys 200MW Irish solar project from GP Joule▼Elgin acquires ‘late-stage’ 200MW solar PV project in Ireland from GP Joule
Elgin has acquired a late-stage 200MW solar PV project in Ireland from German developer GP Joule. The deal adds a significant utility-scale asset to Elgin's Irish pipeline at an advanced stage of development, reflecting continued investor interest in Ireland's growing solar sector. Details on price and construction timelines have not been disclosed.
- 3Study 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.
- 4ACEN 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.
- 5Lightyears 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.
- 6Renewable Properties Acquires 71.8 MW Solar Portfolio in Pennsylvania▼Renewable Properties Acquires 71.8 MW PJM Solar Portfolio in Pennsylvania
Renewable Properties has acquired a 71.8 MW solar portfolio in Pennsylvania, located within the PJM electricity grid region. The deal adds to the company's growing renewable energy assets in the state and reflects continued investment in utility-scale solar across the PJM market.
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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.