Eastern European solar markets face a familiar foe in grid constraints, especially with high voltage network capacity, but high energy prices are creating potential for merchant projects in the region.
US commercial and industrial (C&I) PV developer DSD Renewables (DSD) has secured a US$200 million preferred equity investment from Ares Management Corporation to increase its growth.
Norwegian renewables company Scatec and Indian solar developer ACME Group have signed a joint venture agreement to develop a large-scale green ammonia facility in Oman with an annual capacity of 1.2 million tonnes once fully developed.
US developer Green Hydrogen International (GHI) plans to create a green hydrogen hub in Texas that will be powered by 60GW of solar and wind energy and produce over 2.5 billion kilograms of green hydrogen per year.
A round-up of the latest news from the US solar market, including BayWa r.e. selling two plants to Eni New Energy US, Birch Creek scaling up its leadership and GSI purchasing 233MW of solar portfolio in five US states.
The engine manufacturer MAN Energy Solutions, part of the Volkswagen group, will invest €500 million (US$554.36 million) in its subsidiary H-TEC SYSTEMS to ramp up its green hydrogen strategy.
SoftBank-owned SB Energy has signed an order for 1.5GW of thin-film PV modules from First Solar to deploy across its 4GW solar and storage development pipeline projects in the US.
US utility Florida Power & Light (FPL) has picked Cummins to supply a 25MW electrolyser system for what's claimed to be the first green hydrogen plant in Florida.
