NextEnergy Capital, the London-based solar energy asset manager, has closed the first round of its fifth investment vehicle, NextPower V ESG (NPV ESG) with US$480 million in investment commitments.
Spanish renewables company Grenergy has secured US$148 million in green financing to complete the development of two solar PV projects in Chile with a combined capacity of around 300MW.
The Solar Energy Corporation of India (SECI) has announced its intent to buy 500MW worth of ‘firm and dispatchable’ clean power from grid-connected renewable energy projects in 25-year power purchase agreements (PPA).
Solar Module Super League (SMSL) member Risen Energy will supply around 1GW of its heterojunction technology (HJT) solar modules to Singaporean IPP (independent power producer) Athein Holding Pte.
The Italian Ministry of the Environment and Energy Security (MASE) has said that it intends 65% of the country’s electricity generation to come from renewable energy by 2030.
Upstream US-based solar manufacturer CubicPV might feasibly be the place at which tandem perovskite PV products are successfully made durable enough for commercial use; two recent announcements have come out of the company that speak to the potential of its tandem development route.
The Polish hydrogen company Hynfra has established a new company in Jordan to establish a green ammonia plant powered by a 530MW solar PV installation.
Romanian oil and gas producer OMV Petrom has bought a 710MW solar PV portfolio in its home country, which it said will be one of Southeastern Europe’s ‘most significant’ solar projects.
Global demand for solar PV could rise up to 40% in 2023 as favourable economics in the solar sector combine with broad policies like the Inflation Reduction Act (IRA) and REPowerEU schemes.
Large-scale renewable energy developer Intersect Power has secured a revolving credit facility to the tune of US$800 million to support the deployment of its solar, energy storage and wind asset pipeline.
