Will Norman

The Alberta Utilities Commission (AUC) has announced a 6-month moratorium on renewable energy project developments above 1MW in size, primarily to review concerns around land use.

Indian renewables developer Tata Power Renewable Energy (TPREL) has signed two power purchase agreements (PPA) with the Maharashtra State Electricity Distribution Company (MSEDCL) for 350MW worth of solar PV power generation.

Brookfield Asset Management and Indian conglomerate Reliance Industries have signed a memorandum of understanding (MoU) to pursue renewable energy manufacturing opportunities in Australia.

Indian conglomerate Adani has raised US$394 million for solar manufacturing through its renewable energy subsidiary Adani New Industries.

Greek renewables developer Mytilineos has sold a 211MW portfolio of four solar parks to its compatriot fossil fuels company HELLENiQ.

UAE state-owned renewable energy developer Masdar has signed a memorandum of understanding (MoU) with Citaglobal Berhad to develop 2GW of solar, storage and wind projects in Malaysia.

Increased solar PV and wind generation contributed to lower wholesale electricity prices in Australia in Q2 2023, according to the Australian Energy Market Operator (AEMO).

Solar tracker supplier Nextracker has reported a 19% rise in year-on-year revenues for Q2 2023 (Q1  financial year (FY) 2024), to US$479.5 million.

Canadian solar manufacturer Heliene has announced plans to build around 1GW of solar module assembly and 1.5GW of solar cell production capacity in the US.

Indian independent power producer (IPP) ReNew Power and Malaysian Gentari’s Indian subsidiary, Gentari Renewables India, have established a joint venture (JV) to target 5GW of new renewable energy capacity.