energynews

EDF launches a floating solar plant with 70,000 panels in Isère

EDF Renouvelables plans a floating solar plant in Isère by 2027, featuring 70,000 panels integrated with an existing hydroelectric dam, targeting an annual production of 60 GWh.

Scatec secures $479mn financing for major solar project in Egypt

Scatec ASA finalises financing for its hybrid solar-battery Obelisk project in Egypt, securing $479.1 million from international financial institutions for a planned capacity of 1.1 GW solar and 100 MW storage.

Neoen and Engie Await Government Approval to Relaunch Giant Solar Plant

The 800 MW Horizeo photovoltaic project spanning 680 hectares in Gironde awaits governmental authorization linked to France’s Zero Net Artificialization (ZAN) objective to advance permits submitted in early 2024.
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Global solar tracker market reaches 111 GWdc in 2024, says Wood Mackenzie

Global photovoltaic tracker shipments rose 20% in 2024, driven by India and Saudi Arabia, pushing the United States to a less dominant market position.

Astronergy secures first global order for its ASTRO N8 modules

Chinese manufacturer Astronergy will supply its ASTRO N8 photovoltaic modules for a solar project developed in Spain by engineering firm GES Siemsa, marking a strategic advance in the European market.

SMEG launches construction of 6 MWc solar power plant in Mâcon

SMEG and the City of Mâcon have started construction of a 6 MWc solar power plant on a former landfill site, with commissioning scheduled for early 2026.
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Corsica Sole launches 5.4 MWc solar power plant on rehabilitated site in Lorraine

Producer Corsica Sole is inaugurating a 5.4 MWc photovoltaic plant in Cirey-sur-Vezouze on a former industrial site, with 8,700 panels and an estimated annual output of 6.1 GWh.

Kashgar reaches 10.2 GW of installed solar capacity and builds a new energy hub

The Kashgar region has connected over 10 GW of solar projects to the grid, representing more than three-quarters of its total power capacity, initiating the development of a new power system in southern Xinjiang.

Soltage secures $260mn to accelerate solar projects in the United States

U.S.-based Soltage raises $260mn to support the construction of 250 MW in solar and storage projects within a development pipeline exceeding 2 GW.
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Origis Energy secures $530mn financing for two solar projects in the United States

Origis Energy has closed financing for the Wheatland project in Indiana as part of a $530mn portfolio, in partnership with MUFG and several financial institutions.

German solar revenues drop 37% due to negative power prices

Germany’s solar capture price fell to a five-year low in May, driven by rising negative price hours and excess photovoltaic capacity.

Albioma commissions five solar plants in French Guiana totalling 1.4 MWc capacity

Albioma Solaire Guyane has commissioned five photovoltaic plants totalling 1.4 MWc, spread across Mana and Macouria, to strengthen local electricity supply in a region isolated from the national grid.
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NOA and Standard Bank close financing for 349 MW Khauta South solar project

South African group NOA and Standard Bank have finalised the financing of the 349 MW Khauta South solar site, now the largest developed on a single site in South Africa.

Enfinity Global signs contracts for 420 MW of solar in Italy with US-based firm

Enfinity Global signed new power purchase agreements for a 420 MW solar portfolio with a US technology company operating in Italy, reinforcing its position in the Italian energy market.

United States adds 8.6 GW of solar capacity despite legislative threats

The American solar sector saw strong industrial growth in Q1, but tax and trade uncertainties could hinder its momentum and affect local investments.
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Top ten solar manufacturers ship 500 GW in 2024 despite $4bn losses

Global solar leaders doubled shipments in one year, but combined losses of $4 billion highlight intense margin pressure in the sector.

U.S. Solar Growth Slows Under Political Pressure from Washington

Growth in the U.S. solar sector is expected to slow by 2030 due to political shifts in Washington directly impacting tax incentives and imposing tariffs on essential materials, creating sectoral uncertainty.

Pine Gate signs 586 MW deal with Waaree for US-made solar modules

The $176 million agreement between Pine Gate Renewables and Waaree Solar Americas strengthens the US solar supply chain with locally manufactured modules.
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TotalEnergies acquires a portfolio of solar and battery projects in the United Kingdom

TotalEnergies has acquired a 350 MW portfolio of solar projects and 85 MW of battery storage in the United Kingdom, expected to be operational by 2028 and supplying the equivalent of 100,000 British households.

TEPCO signs SGD35mn financing deal for rooftop solar projects in Singapore

Tokyo Electric Power Company signed a financing agreement with Bank SinoPac to support a 40 MW rooftop solar project in Singapore, marking a first for the group in the Asia-Pacific region.