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utility-scale solar
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- 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.