The latest news on renewable energy projects includes announcements on CleanChoice Energy, Return, Qair, Antares battery energy storage system, and others.
CleanChoice Energy Secures More Than $166 Million for 55 MW US Solar Portfolio
CleanChoice Energy has secured more than $166 million of financing for two US solar projects totalling approximately 55 MWdc. The portfolio comprises the roughly 27 MWdc Dolan project in New York and 28 MWdc Kylertown project in Pennsylvania, with commercial operation scheduled for 2027. Financing includes a $105 million construction loan led by Investec, with BHI and Stifel Bank participating as coordinating lead arrangers. Advantage Capital committed another $61 million of tax equity. The projects are expected to generate enough electricity for approximately 10,000 homes. The financing provides construction and tax-equity capital for CleanChoice as it expands its owned renewable-generation portfolio.
Return Starts Commercial Operations at 100 MW / 200 MWh Antares Battery in Netherlands
Energy-storage developer Return has started commercial operations at the 100 MW/200 MWh Antares battery energy storage system in Waddinxveen, Netherlands, following completion of construction, grid connection, commissioning and testing ahead of schedule. The two-hour battery is connected directly to TenneT’s 150 kV high-voltage network, providing 100 MW of additional flexible capacity to the Dutch electricity system. Antares can charge during periods of abundant electricity supply and discharge as demand and market prices increase. Alfen and SPIE Nederland were among the technical delivery partners. Commercial operation enables Return’s customers to use the battery across electricity markets while supporting integration of increasing Dutch wind and solar generation.
Qair Secures €37.9 Million for 30 MWp Solar and 8 MWh Storage Projects in Chad
Qair has reached financial close on the Gassi and Lamadji solar-plus-storage projects in Chad, securing a financing package totalling €37.9 million. Together, the two projects will provide 30 MWp of photovoltaic capacity and 8 MWh of battery storage connected to the N’Djamena electricity network. Electricity will be sold to Tchadelec through a 20-year PPA. The financing combines loans and concessional capital, with Proparco participating and additional support provided through development-finance institutions. A partial-risk guarantee supports the letter of credit covering Tchadelec’s payment obligations. The financing milestone follows the earlier construction launch and advances two significant renewable-generation projects in a market without an interconnected national electricity grid.