Seven PV plants being planned by Solaria have received direct backing from the European Investment Bank, with the EU lender also the source of a €14 million loan to Natixis which will be passed on to the Spanish developer.
The Saudi power company has named the lenders which will finance the latest stage of the gargantuan, 5 GW Mohammed bin Rashid Al Maktoum Solar Park, for an estimated $564 million.
In a first disbursement, 41 smaller projects will be taken into the independent power producer’s portfolio. The Italian market appears to have been kicked back into life after announcements of generation capacity goals and with new large scale auctions planned for September.
Voltalia has secured a 25-year power purchase agreement from French retailer Boulanger for power generated by a 5 MW project. The off-taker has also committed to buying electricity from new wind and solar plants to be operated by the French developer.
The solar plant was commissioned last week in Ourique, southern Portugal. The project was developed by UK-based renewable energy company Welink and Chinese engineering services provider China Triumph International Engineering (CTIEC).
Chilean company Cerro Dominador have announced the signing of a $758 million deal to finance the first combined concentrated solar power-PV project in Latin America – a 210 MW scheme in the Atacama desert
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