News

The EAAIF, FMO and DEG have invested €84 million (US$89.2 million) into AXIAN Energy’s Kolda solar-plus-storage portfolio in Senegal.

Masdar and the Albania Power Corporation (KESH) have announced plans to build a “gigawatt-scale” renewable power portfolio in Albania.

Located in the Free State province, the project will be owned by Teraco and is expected to be operational in 2026.

The government of New South Wales, Australia, has released a new planning framework for large-scale renewable energy developments aiming to streamline planning decisions.

Iberdrola Australia, a sub-division of utility giant Iberdrola, has secured power purchase agreements (PPAs) with 13 regional councils in New South Wales that will see part of the energy sourced from a large-scale solar PV power plant.

Australia’s Clean Energy Council (CEC) has found that over 1.4GW of large-scale renewable energy generation projects worth over AU$3.3 billion (US$2.61 billion) were committed to in the third quarter of 2024.

FTC Solar has posted its financial results for the third quarter of the year, which include revenues of US$10.1 million.

News round-up of recent tenders globally; Nepal awarded 1GW of solar, Italy 320MW and Bahrain seeks 44MW of PV capacity.

Greater policy support will be needed if the world is to meet its 2030 renewable energy targets, according to Ember Climate.

Microinverter supplier Enphase Energy has said that it will cut nearly 17% of its global workforce or nearly 500 employees.