Jonathan Touriño Jacobo

Energy management software company Cleartrace has secured US$20 million in a financing round to accelerate the growth of its platform.

Investor CleanCapital has acquired renewable energy developer BQ Energy, adding 300MW of late-stage solar development to its pipeline.

Voltalia has started the development of a cluster of solar PV projects in Brazil with a planned combined capacity of 1.5GW.

Arab-speaking countries in the MENA region have planned to increase utility-scale solar capacity by 49.5 GW by 2030, according to Global Energy Monitor.

Spanish developer Grenergy has launched a €90 million (US$94.8 million) accelerated capital increase to fuel growth in Europe and develop its energy storage capacity.

Utility-scale renewables developer Intersect Power has secured US$750 million in funding to take its portfolio of renewables, energy storage and green hydrogen projects beyond 8GW.

Energy giant Statkraft intends to develop 4GW of onshore renewables each year by 2030, an acceleration of its previous 2025 target of 2.5GW - 3GW.

Emirates Global Aluminium is to enter the silicon metal market with a UAE-based facility that could be online as early as next year.

South Korean developer SK D&D has signed a co-investment memorandum of understanding (MOU) with renewable energy investment fund manager Glennmont Partners to target opportunities in solar PV projects in South Korea.

The Australian Energy Market Operator has restored wholesale market in all regions of Australia after suspending it more than a week ago.