Current higher wholesale prices and favourable economics for renewables in Europe would have developers as the primary beneficiaries this decade, according to a report from advisory firm Edison Group.
US developer Leeward Renewable Energy (LRE) has started construction on the 200MW Horizon Solar project near the city of Pearsall in Frio County, Texas.
ReNew Energy Global witnessed a 27% jump in revenue in its last financial year but saw its net loss almost double on the back of costs associated with its NASDAQ listing.
The Australian Energy Market Operator (AEMO) has suspended the country's wholesale power market after a collapse in generation rendered the spot market impossible to operate reliably.
Spanish oil major Repsol has sold a 25% stake of its renewables arm to a consortium formed by Crédit Agricole Assurances and Energy Infrastructure Partners.
Investment in the off-grid solar sector hit a record US$450 million in 2021, according to the latest report from the Global Off-grid Lighting Association (GOGLA).
