Spain is to fast-track solar PV projects with generation capacities of up to 150MW as part of a suite of measures the country has enacted to help ease an energy crisis affecting the country.
Investment company Aker Horizons plans to merge its offshore wind and hydrogen units into its parent company to “strengthen” its renewables development capabilities.
acity must reach 5.2TW by the end of the decade in order to meet the 1.5°C Paris climate goal, according the International Renewable Energy Agency (IRENA) latest World Energy Transition Outlook.
US residential solar installer SunPower launched an upgraded version of its battery storage system, dubbed SunVault, claiming it can now provide whole-home backup in the event of power failure.
Solar manufacturer LONGi has revised the price of its G1 and M6 p-type wafers in its fifth price revision so far this year, taking prices to a near five-month high.
Investment firm Altor Fund V has acquired a significant minority stake in residential solar company Svea Solar with a major investment aimed at accelerating the installer's expansion in Europe's residential rooftop market.
Renewables investor Aquila European Renewables Income Fund has acquired a 100MWp solar PV portfolio currently in construction in Spain, doubling its portfolio's current solar PV capacity.
Italian grid operator Terna will invest €9.5 billion (US$10.45 billion) to help improve the country's national transmission grid and build cross-border interconnections, paving the way for easier access for renewables.
Japanese investment firm Mitsui has invested €575 million (US$631.56 million) in common shares from renewable developer Mainstream Renewable Power, bringing its valuation to €2.1 billion after the transaction.
