News

The Australian government revealed yesterday (30 September) additional funding for Queensland’s Local Renewable Energy Zones (LREZ), which will increase each zone's solar PV capacity to 16.2MW.

Investment manager Patrizia and Mitsui & Co have entered the Philippine solar PV market with binding agreements to acquire an interest in BEI, a rooftop solar PV developer.

In Western Australia’s Gascoyne region, Exmouth will run on 80% solar PV-derived renewable energy via a 20-year power purchase agreement (PPA) between Pacific Energy and Horizon Power, the state’s energy provider.

California governor, Gavin Newsom, has vetoed a bill that would have allowed schools and apartment buildings to use self-consumption of solar PV.

New Mexico lawmakers have approved up to US$942 million in bonds to support the development of Ebon Solar’s cell manufacturing facility.

Solar manufacturer SEG Solar has started construction on a 5GW TOPCon vertically integrated – from ingots to modules – solar PV plant in Indonesia.

TotalEnergies has started commissioned two Texas solar projects with a combined capacity of 1.2GW and battery energy storage systems (BESS).

Heliene has closed a US$50 million tax credit transfer sale to support its cell and module manufacturing expansion in the United States.

Meyer Burger has published its preliminary results for H1 2024, which include module sales of CHF43.4 million (US$51.5 million).

By 2040, up to 25GW of solar PV, battery storage and wind deployment could be reduced in the major power markets.