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Through the joint venture, Italian Renewable Platform, the partnership aims to own, develop, build and operate up to 250MW of renewable energy projects in Italy, including a portfolio of solar PV projects.

The president said the move was “necessary to advance the policy of the United States to restore common sense to the Federal Government."

The European Commission, along with the private partners, target to invest up to €240 million (US$260 million) each until 2030.

Edify Energy has submitted plans for a 100MW solar-plus-storage project in New South Wales to the Australian government’s EPBC Act.

Developer Fotowatio Renewable Ventures (FRV) Australia has acquired a 190MW hybrid solar PV and energy storage project in Victoria from Acen Australia.

Located in the southern state of Mississippi, the Wildflower Solar project is the first investment in the state from the developer.

A study from consultancy LCP Delta has underlined the importance of flexibility to Europe’s energy transition as the dominance of renewable energy generation grows.  

Through its US subsidiary, Mission Solar Energy, the Korean company will invest US$265 million in the construction of the plant.

Uncertainty over tax credits could cause 84% of investors and 73% of developers to decrease their activity in renewable energy, according to ACORE.

Under the terms of the agreement, the PV plant will provide renewable energy at a volume to achieve 100% renewable energy for NCIG’s Kooragang Island facility from 2030 onwards.