Simon Yuen

The cumulative capacity of installed and commissioned PV increased by more than 25% last year, and reached about 1.2TW by the end of 2022.

The fund has already started to deploy capital in support of this programme, including its first asset acquisitions in January 2023.

Ascent Solar can use the new European presence to provide in-region support for EU driven net zero initiatives after the acquisition.

Globally, 32% of business leaders estimated that their country will fully transition to renewables after 2050, while 8% said it would never happen.

Solar projects accounted for 56.5% of the total utility-scale clean energy investments from 16 August 2022 to 31 March 2023.

The Global Energy Alliance for People and Planet (GEAPP) has announced a plan to establish the GEAPP Energy Access and Transition Trust Fund, offering US$35 million to accelerate the clean energy transition and access in five Asian countries. 

Procuring power purchase agreement tools will be an option for industry players amid an energy pricing crisis and volatility.

The acquisition included 72 solar projects, of them 90% being community solar projects, and six battery storage projects.

The Federal Network Agency announced that with a tendered quantity of 1.95GW, 347 bids with a volume of 2.87GW were submitted.

After this transaction, SunPower can provide customers with loan options at tenors of up to 25 years through SunPower Financial.