A Texas renewables developer is about to test investors’ appetite for solar farms in the state after February’s devastating freeze rendered some power plants inoperable for days. Caprock Renewables is looking to raise equity for a $550 million portfolio of utility-scale solar in southern Texas, said Chief Executive Officer Thanasis Iatrou. The Austin-based company hired […]
UK investor hit by more big losses from Australia solar farms, sales delayed
UK infrastructure investor John Laing has been hit by yet more losses from its Australia solar farm portfolio, taking big hits from lower prices, project delays and transmission losses over the last 12 months. John Laing had been a significant investor in Australian renewable energy assets, with a sizeable and growing wind and solar portfolio, […]
For $100 billion, Australia could have a low cost and reliable zero emissions grid
Australia has some of the best wind and solar resources in the world, but many of them are not connected to the country’s main grid. Connecting those regions allows smoothing of the overall supply of wind and solar and greatly reduces the amount of storage needed to supply reliable solar and wind electricity to south eastern cities. Newly published modelling from […]
BayWa r.e. sells 44.2 MWp of solar farms in Malaysia
Germany’s BayWa r.e. renewable energy GmbH has finalised the sale of its first solar farms in Malaysia to Kuala Lumpur-based independent power producer (IPP) reNIKOLA Sdn Bhd. The buyer acquired a 5.2-MWp solar farm in Arau, Baywa r.e.’s maiden project in Malaysia, and the 39-MWp Gebeng plant for an undisclosed price. The sale was conducted […]
Sungrow Bags the Contract to Supply Inverters to Two of the Largest Subsidy-free Solar Farms in the UK
Milton Keynes, the United Kingdom: Sungrow, the global leading inverter solution supplier for renewables, announced its contract with Bouygues Energies & Services to supply inverter solutions for two of the largest subsidy-free solar farms in the UK. The solar farms “Strensham” and “Llanwern” being constructed by Bouygues Energies & Services for Next Energy Capital, are […]
ORIX Inks Deal with Envision Digital to Empower Digitised Operations Across Utility-scale Solar Farms in Japan
Japan’s largest solar energy asset manager now taps leading edge technology across 82 sites to promote mainstream use of renewable energy and contribute to the country’s sustainability agenda SINGAPORE and TOKYO : ORIX Renewable Energy Management Corporation (OREM), a wholly-owned subsidiary of ORIX Corporation (“ORIX”), a diversified financial services group headquartered in Japan, and Envision […]
Five new solar farms to be connected to the national grid
Solar farms across five provinces are being launched this year, according to the Ministry of Mine and Energy. In its annual report, the ministry stated five solar parks are having their construction works accelerated so they can be connected to the national grid as soon as possible. Together, the solar projects will boost the nation’s […]
Wind and Solar Farms Are Putting European Nuclear Out of Work
Two nuclear reactors that have served homes and factories in Sweden and Germany for many decades will produce their last electricity by the end of this month. The permanent halt of Vattenfall AB’s 44-year-old Ringhals-2 reactor is yet another sign of how the surge in renewable energy has upended traditional energy economics. The Nordic region’s […]
REDAVIA Partners With Lendahand to Crowdfund Upcoming Solar Farms
MUNICH : REDAVIA, a global market leader of cost-effective, reliable and clean solar power for businesses and communities, has launched a crowdfunding initiative to fund 10 upcoming solar Units in partnership with Lendahand, an online impact investing platform where socially conscious investors can invest in entrepreneurs and sustainable initiatives in emerging countries. The innovative REDAVIA […]
Cypress Creek solar farms will power 360 Starbucks stores in Texas
Starbucks Coffee Company, Cypress Creek Renewables and U.S. Bank are teaming up on a portfolio of solar farms across Texas. Two 10 MW solar farms developed, built and now operated by Cypress Creek located in Wharton and Blossom, Texas are providing enough energy for the equivalent of 360 Starbucks stores, including stores in Houston, Dallas, […]