US energy company NextEra Energy posted adjusted earnings of US$1.968 billion in its Q2 2024 financial results, a roughly 9% increase compared with the same period in 2023.
Swiss renewable energy investment group GoldenPeaks Capital and German commercial bank Nord/LB have closed €109 million in financing to support two solar PV project portfolios in Poland.
119 bids were successfully awarded contracts, for a total of 258.5MW capacity. Successful bids ranged between €0.0795/kWh and €0.1019/kWh, with a volume-weighted average price of €0.0894/kWh.
African renewable energy company Infinity Power has reportedly signed a memorandum of understanding (MOU) with the government of Sierra Leone to develop 1GW of renewable energy projects in the country.
The modules are being shipped to SolarPro, a Bulgarian engineering, procurement and construction (EPC) company which specialises in renewable and hybrid energy projects.
The amount of residential solar paired with a battery energy storage system (BESS) in California has increased notably under the state’s new net energy metering 3.0 (NEM 3.0) scheme.
The Energy Storage for Resilient Homes Act would allow residents of the two states to use funding from the Federal Emergency Management Agency (FEMA) to purchase residential BESS.
The US Department of Energy (DOE) has issued a loan of up to US$861.3 million to support 200MW of solar PV and 285MW/1,140MWh of battery energy storage system (BESS) projects in Puerto Rico.
