Today’s renewable energy news includes announcements from Abu Dhabi’s GSU, Grenergy, Credit Agricole, and others.
Abu Dhabi’s GSU Breaks Ground on 5-MWp Hybrid Solar Project in Chad
Abu Dhabi-based GSU has broken ground on a 5-MWp hybrid photovoltaic (PV) project in Chad, advancing renewable energy access in the Central African nation. The project will combine solar generation with battery storage or hybrid integration, enhancing power reliability in underserved areas. The development supports Chad’s efforts to expand electricity access and reduce dependence on costly diesel generation. By integrating hybrid technology, the plant is expected to provide stable, low-carbon electricity, improve grid resilience, and lower operating costs. The initiative reflects growing international investment in decentralised renewable infrastructure across Africa, aimed at strengthening energy security and promoting sustainable development. The project also underscores the role of smaller-scale hybrid systems in accelerating the region’s clean energy transition and rural electrification goals.
Grenergy Secures USD 355m Loan for Chilean Solar-Plus-Storage Portfolio
Grenergy has secured a USD 355 million loan to finance a major solar-plus-storage portfolio in Chile, strengthening its position in one of Latin America’s most dynamic renewable markets. The funding will support construction and deployment of multiple photovoltaic plants paired with battery energy storage systems (BESS). The financing highlights strong lender confidence in Chile’s renewable framework and the growing importance of hybrid solar-storage assets to manage grid congestion and price volatility. For the power system, the portfolio will enhance flexibility, reliability, and renewable integration, while reducing curtailment risks. For consumers, the projects are expected to contribute to a more stable, low-carbon electricity supply. The deal aligns with Grenergy’s strategy to scale large-scale storage-backed solar developments, accelerating Chile’s energy transition and decarbonisation goals.
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