Large-scale investment in solar container power station construction projects

FirmoGraphs is tracking more than 100 very large solar projects starting construction in 2023 with a total estimated value of nearly $40 billion. According to the latest U.S. Solar Market Insight report by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, the U.S. solar market installed 6.1 GWdc of capacity in the first quarter of 2023, a 47% increase from the same period in 2022. Solar accounted for 54% of all new. The European Investment Bank (EIB), through its development arm EIB Global, today announced $150 million in financing for the Obelisk solar photovoltaic project in Egypt, marking the inauguration of the first phase of the plant in Qena Governorate. The event was attended by Prime Minister of Egypt. Scatec has inked a 25-year power purchase agreement in Egypt for a 1.95 GW solar, 3.9 GWh battery energy storage project, representing the developer’s largest investment to date. Norwegian renewables developer Scatec ASA has signed a power purchase agreement (PPA) with the state-owned Egyptian. Manila: As Filipino energy tycoons rollout grid-scale batteries, solar-power giant Citicore Renewable Energy Corp. (CREC) is accelerating its growth ambitions, committing $2 billion in capital expenditures this year as it positions itself to become one of the Philippines’ largest renewable energy.