Jonathan Touriño Jacobo

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.

The Michigan Public Service Commission (MPSC) has approved utility Consumers Energy's plan to end coal use by 2025.

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).