Higher interest rates in the second half of the year slowed down corporate funding in the global solar sector to US$24.1 billion in 2022, according to research from Mercom Capital Group.
Austria's government has released a series of measures to accelerate the deployment of solar which will simplify environmental permits and increase funding for solar PV.
Latin America-focused renewables developer EnfraGen has entered into EPC contracts with Chilean developer Verano Energy to build eight solar PV plants in Chile.
Developer Mytilineos has signed a 10-year power purchase agreement with energy giant Statkraft for four solar farms in Italy with a total capacity of 63MW.