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The Northwest Electric Power Design Institute of China Power Engineering Consulting Group (NWEPDI) has signed an engineering, procurement and construction contract with Abu Dhabi Future Energy Company (Masdar) for the 445MW Bilasuvar and 315MW Banka PV projects in Azerbaijan.

The world added 553GW of new solar capacity in 2024, although renewable power accounts for a fraction of the world’s electricity generation.

CIP has been named by ARENA as the first recipient of the Hydrogen Headstart Program for a 1.5GW project in Western Australia.

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.