Norbida UK News

                 The levelised costs of electricity (LCOE) for utility solar and onshore wind in Asia Pacific rose 16% and 12% respectively since 2020, as equipment, construction costs and interest rates rose in the region, according to Wood Mackenzie. The trend is expected to…

                 Ridge Clean Energy has submitted an application for planning permission for a renewable energy park its proposed Fair Oaks site to the south of Nottingham, England. The project would have a solar export capacity of 49.9MW with matched battery storage capacity. The…

                 Qualitas Energy has signed a long-term power purchase agreement (PPA) for output from its 494MW solar plant in Mula, in the region of Murcia, in southern Spain. Qualitas is an investor in the project alongside funds managed by lead partner Northleaf Capital…

                 Solar developer Avantus (formerly 8minute) has broken ground at a 110MW solar project in Texas.  The Galloway 2 solar project, in Concho county, is expected to come online by the end of 2023. The majority of the project’s energy is committed to…

                 Enel Chile has announced the country’s National Electricity Coordinator has authorised the start of the 204MW Domeyko photovoltaic plant commercial operation located in the Atacama Desert in the Antofagasta Region. The solar park already delivers renewable energy to the National Electric System.…

                 Grenergy has closed a financing deal for the 150MW Belinchón solar farm in Spain. The deal was completed with a green loan of €89.5m, the company informed the Spanish Securities and Exchange Commission (CNMV) today. The agreement has been established with two…

                 Vattenfall has made the final investment decision for the 76MW agri PV project Tützpatz in Mecklenburg-Western Pomerania, Germany. The project will be built without government funding, the Swedish developer said. It is Vattenfall’s first agri PV commercial scale project with partners. The…

                 Longroad Energy has announced financial close and commencement of construction of the 150MWac Umbriel Solar project located in Polk County Texas. Umbriel is Longroad’s sixth greenfield renewable energy project in Texas to reach financial close and is the company’s first project in…

                 European solar power purchase agreement (PPA) prices rose by more than 11% in the fourth quarter of 2022, as demand for renewables PPA continued to outstrip supply. LevelTen Energy’s new report reveals that European P25 solar PPA prices increased 11.4% in the…

                 US solar developer Pristine Sun Corporation has secured financing to develop up to 5GW of PV projects. The US$250m (€232.6m) capital commitment from comes from strategic private equity and family office investors. The equity commitment will allow Pristine Sun to develop, finance,…