Jonathan Touriño Jacobo

Investment firm General Capital has invested US$500 million in developer Pine Gate, which will support its utility-scale solar expansion.

Solar PV has made nearly half of all new investments in renewable power in 2021, according to the International Energy Agency (IEA).

US power grid operator PJM Interconnection latest capacity auction for 2023/2024 saw 1,868MW of solar PV procured, up 25% from 2022/2023.

Australian energy software company Evergen has closed a AU$15 million (US$10.4 million) series B funding round, its largest capital investment to date.

US EPC group CS Energy has secured three utility-scale solar projects with a total capacity of 365MWdc in New York from NYSERDA.

Large developers of hybrid projects in India could see a 17% equity IRR by implementing five measures, according to a report by the IEEFA.

State-owned utility GUVNL has opened a tender for renewables paired with energy storage to bring off-grid electricity in Gujarat, India.

Spanish developer Matrix Renewables has signed its first US tax equity financing for two solar and energy storage projects in California.

Management firm Mirova has acquired solar finance business SunFunder in a push to expand its investment platform in emerging markets.

Uruguay has launched its green hydrogen roadmap that will see the country aim to install 20GW of renewables as well as 10GW of electrolysers by 2040.