Utility-scale PV

SolarReserve granted approval for 150 MW solar thermal project

SolarReserve’s 150 MW solar thermal power plant has been granted development approval by the South Australian Government, paving the way for construction to begin this year.

CEFC steps up to finance 70 MW Oakey 2 project

The Clean Energy Finance Corporation (CEFC) is continuing to foster utility scale PV growth in Queensland, providing $55 million in non-recourse project finance to the Oakey 2 Solar Farm. Canadian Solar will supply modules for the project and will also serve as EPC.

CEFC hits 1 GW milestone, provides $207 million debt finance to Wirsol projects

After agreeing to provide debt finance to two Wirsol projects with a combined capacity of 200 MW, the Clean Energy Finance Corporation (CEFC) has achieved the milestone of having funded 1 GW of large scale solar projects. The two loans to Wirsol allow construction of the projects to get underway before PPAs have been signed.

Akuo Energy to build 50 MW PV project in Bali

France’s Akuo Energy has achieved a milestone in the development of a 50 MW solar PV plant in Bali. The project indicates that Indonesia’s new renewable program may lead to an increase in PPAs for renewable projects in certain regions.

Maoneng signs PPA for 300 MW in New South Wales

Chinese/Australian developer Maoneng has signed a 15-year PPA to provide energy company AGL with 300 MW of PV projects, to provide up to 800,000 MWh of electricity per year. The projects form part of AGL’s plan to replace the coal-fired Liddell Power Station, set to close in 2022.

Construction begins on Australia’s first hybrid solar+wind+storage plant in Queensland

Ground was broken on the 60 MW project in a ceremony held on Monday. Developer Windlab limited says it expects the $160 million project to be completed in late 2018.

EDF launches 30 GW solar plan

French energy giant, EDF has announced a plan to develop 30 GW of solar projects in France between 2020 and 2035.

Decmil, Maoneng sign MOU for 250MW PV project in NSW

Based on an exclusive memorandum of understanding, Australian EPC Decmil is poised to design and construct one of the largest solar projects in New South Wales. The company is in line for a $275 million engineering contract with Chinese group Maoneng in March next year.

Sun Brilliance signs grid connection contract with Western Power

What is being touted as Australia’s largest merchant PV power plant has signed grid connection and electricity transfer agreements with WA’s state-owned grid operator Western Power. Construction on the two-phase 128 MW(dc) project, to be located around 160km east of Perth, is set to get underway in early 2018.

European PV market expected to grow by 35% in 2018 – GTM Research

European countries such as France, Germany, the Netherlands and Spain are all forecast to be gigawatt-scale markets in 2018. Globally, around 606 GW of new PV capacity is forecast to be installed between 2017 and 2022.