Clean energy added about US$320 billion to the world economy last year, accounting for 10% of global GDP growth in 2023, according to a study from the IEA.
Renewable power purchase agreements (PPAs) market volume in Germany nearly quadrupled in 2023, increasing by 323% over 2022, according to the German Energy Agency (dena).
US solar developer Origis Energy has secured a US$136 million construction financing facility and conversion to term loan with financial group Mitsubishi UFJ Financial Group (MUFG) for a PV plant in Florida, US.