Solar and Tesla shine amid weak Q1 for clean energy investment
BNEF cites financing for a massive solar plant in Mexico and Tesla’s billion-plus capital raise as running counter to the trend of falling clean energy financing during Q1. Investments in distributed solar also rose.
Enel and DIF invest $157 million in Australian solar project
The Italian power utility and the Dutch investment firm have agreed to acquire the first 137.5 MW of a 275 MW PV project under development in Australia. The second 137.5 MW project’s unit will be bought by the two companies later this year.
Enel plans to start solar cell production, announces developments for 34 MW in Zambia and 238 MW in Mexico
The Italian utility is laying the foundations for solar cell production at its PV panel manufacturing facility. The final goal of the project is 1 GW commercial cell production. Meanwhile, Enel Green Power has secured the PPA for a 34 MW PV facility in Zambia, and has broken ground on a 238 MW solar park in Mexico.
Enel breaks ground on 754 MW solar park in Mexico
The huge solar project was selected in the energy auction held by the Mexican government in 2016. The plant will be located in the state of Coahuila and will be connected to the grid in the second half of 2018.
Enel Green Power more than doubles global solar capacity in 2016
The renewable energy unit of Italian utility Enel installed 763 MW of additional solar capacity in 2016. Most of this capacity is located in Latin America and South Africa.
Enel puts 165 MW of solar online in South Africa
The Adams and Pulida projects were awarded in the third round of South Africa’s REIPPPP solicitation, and this brings Enel to 323 MW of solar online in the nation.
IBC Solar opening subsidiary in South Africa
IBC Solar has decided to take the plunge in the exciting South African market, by setting up its own subsidiary in the country with its partner maxx | solar energy, after undertaking a number of projects alongside the company.
Enel acquires U.S. storage company Demand Energy
Through its subsidiary Enel Green Power North America, Italian multinational the Enel Group has announced the acquisition of a 100% stake in Demand Energy, a U.S. company specializing in intelligent software and storage systems.
Brazil: Pernambuco to launch solar tender
The tender is for the supply of electricity between January and May 2017, to cover the needs of a public agency.
