News

First Solar has sold US$311.8 million in tax credits to “a leading financial institution” under the rules set out in the IRA.

Spanish energy utility giant Iberdrola has appointed the former CEO of its US renewable energy development subsidiary, Avangrid, as its new head.

US EPC contractor SOLV Energy has acquired high-voltage (HV) transmission contractor Arizona-based Spartan Infrastructure.

Australia’s National Electricity Market (NEM) achieved a new record high for solar PV and wind generation at 12,463MW.

The New South Wales government has earmarked AU$2.1 billion (US$1.36 billion) for transmission infrastructure to connect its Renewable Energy Zones (REZ) and support utility-scale renewable and energy storage projects.

US IPP BrightNight and Canadian asset manager Cordelio Power have reached commercial operations at a 300MW solar PV plant in Arizona, US.

Chinese solar manufacturing giant LONGi has signed an agreement with Indonesia’s Pertamina New & Renewable Energy to build a 1.4GW module assembly plant in West Java, Indonesia.

FRV has started commercial operations at its 55MW Masrik-1 PV project in Armenia, the largest to enter operation in the country.

Waaree Renewable Technologies has signed an MoU with Viet Khanh to establish a 100MWp solar project in the region. 

Independent power producer (IPP) Recurrent Energy has secured €61.5 million (US$71.4 million) in financing for its Italian renewables portfolio.