Solar

Lightsource BP to power historic Colorado steel mill with 240MW solar plant

September 30, 2019 | Renewable Energy, Solar, United States & Canada

London, UK | – Lightsource BP will build and operate a 240MW solar facility that will sell energy to Midwestern utility Xcel Energy to power operations at a historic Colorado steel mill for 20 years. The project partners, which count steel maker EVRAZ North America, are touting the project as the largest on-site solar facility dedicated to a single customer in the US. The US$250 million solar plant will be located on EVRAZ’s Rocky Mountain steel property in the central Coloradan city of Pueblo. The …

Algeria to invite bids to build three solar power plants

April 07, 2017 | Algeria, Renewable Energy, Solar

Algiers, Algeria |  –  Algeria plans to invite bids for construction of three photovoltaic solar power plants with total capacity of about 4,000 megawatts (MW), and several energy and financial firms are already interested, the energy ministry said. Algeria, a member of the Organization for the Petroleum Exporting Countries, (OPEC) has been exploring renewable energy as a way to meet growing demand for electricity, while also freeing up more natural gas for export. Energy Minister Nouredine Bouterfa said in a statement late on Thursday the ministry would …

Sonatrach, Eni get 34 bids for Algerian solar power plant

March 17, 2017 | Algeria, Solar

Algiers, Algeria |  – Algerian state energy firm Sonatrach and Italy’s ENI have bids from 34 international firms to build a 10 megawatt solar power plant at Bir Rebaa North (BRN) in eastern Algeria, a Sonatrach source said. Major oil and gas producer Algeria is looking to expand into solar energy as it tries to meet growing domestic energy demand and officials say the North African country will soon launch a major project to build a 4,000 megawatt solar plant. Those bidding for the plant …

Italy’s Eni to build solar power plant in Algeria

September 27, 2016 | Algeria, Solar

London, UK | – Italian energy giant Eni has reached a strategic agreement with Sonatrach for the implementation of renewable energy projects in Algeria. The first project will be the construction of a 10 MW photovoltaic plant in the Bir Rebaa North (BRN) field, co-operated by the two companies through GSA (Sonatrach-Agip Groupement). The goal is to start activities before the end of the year. This project is a step of the strategic cooperation agreement on renewable energies in Algeria that Eni’s CEO, Claudio Descalzi, …

Mali signs €52million deal for first West African utility-scale solar plant

July 10, 2015 | Budget & Investment, Solar, West Africa

London, UK | – A historic build, own and operate agreement signed on Friday between Norwegian company Scatec Solar (SSO), the Malian Ministry of Energy and Malian electricity utility Water and Electricité du Mali (EDM) will see the construction of West Africa’s first utility-scale solar power plant, near the ancient city of Segou, in south-east Mali. The 33 MW, €52-million facility, which would be developed in partnership with the International Finance Corporation’s (IFC’s) global infrastructure project development fund InfraVentures and local developer Africa Power 1, …

South Africa selects Total for its $200 million solar power project

November 05, 2013 | Budget & Investment, Solar

London (Bloomberg) – Total SA majority owner of U.S. photovoltaic manufacturer SunPower Corp., was selected by South Africa’s Department of Energy as the preferred bidder for a $200 million solar project. SunPower will build the 86-megawatt solar farm in Prieska, in Northern Cape province, Paris-based Total said today in a statement. It’s expected to be complete in mid-2015 and will provide enough power for about 45,000 people. Eskom Holdings SOC Ltd., which supplies 95 percent of the country’s power, has agreed to buy the electricity. The …

Total’s $1.3 billion bid for SunPower successful

June 15, 2011 | Solar

  France’s Total moved a step closer to completing a $1.3 billion takeover bid for SunPower Corp after a majority of shareholders of the U.S. solar panel maker’s capital agreed to tender their shares. In a joint statement on Wednesday the companies announced the success of Total’s all-cash tender on SunPower after 52.2 percent of Class A common stock shareholders and 74.2 percent of Class B common stock shareholders tendered their shares. Total unveiled a friendly bid in April, offering to pay $23.25 a share …

SunPower, Fotowatio sign big solar deals

January 10, 2011 | Solar

Southern California Edison announced a solar buying spree and Bay Area companies are the big winners. SunPower has signed contracts to build three projects totaling 711 megawatts and sell the power produced to the Southern California utility.