OCI Holdings to build 2GW solar cell plant in Texas
Through its US subsidiary, Mission Solar Energy, the Korean company will invest US$265 million in the construction of the plant.
Through its US subsidiary, Mission Solar Energy, the Korean company will invest US$265 million in the construction of the plant.
Located in the southern state of Mississippi, the Wildflower Solar project is the first investment in the state from the developer.
Meta has signed offtake deals for various utility-scale PV projects, many of which are in Texas, where it has relocated some operations.
The US$334 million will support the construction of the 200MW Branch and the 50MW Genesee Solar projects in Michigan.
Solar and storage projects accounted for 84% of electricity generating capacity added in 2024, with solar seeing 50GW of new capacity.
Arevon Energy has secured US$509 million in financing for its Kelso 1 and 2 PV projects in Missouri, which have a combined capacity of 430MW.
The US has introduced a flat 25% tariff on all imported steel and aluminium to close loopholes and boost US manufacturing capabilities.
Louth Callan Renewables will build two new solar projects in the US state of Delaware, with a combined capacity of 213MW.
Adapture Renewables has acquired a 110MW solar-plus-storage project from Samsung C&T Renewables in Colorado.
US independent power producer (IPP) Catalyze has secured US$400 million in debt facility from investment firm ATLAS SP Partners.