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Hawthorne Renewables Co-Founders and Co-CEOs Conor Grogan (left) and Colin Murphy

Solar development firm aims to expand capacity to 2GW in the US

June 29, 2023
Hawthorne Renewables is planning to operate 2GW of solar assets and invest US$250 million in the US market next several years.
Solar panels in India.

Avaada Group closes solar and green hydrogen funding round with US$1.3 billion

June 29, 2023
The Avaada Group has closed its latest funding round, which generated US$1.3 billion for the group’s solar and green hydrogen businesses.
The Olmedilla plant in Spain. Credit: Iberdrola.

Global solar demand to grow by 40% in 2023 as prices fall and capacity grows – Bloomberg

June 29, 2023
Global demand for solar PV could rise up to 40% in 2023 as favourable economics in the solar sector combine with broad policies like the Inflation Reduction Act (IRA) and REPowerEU schemes.
Image: JA Solar

JA Solar inks module distribution agreement in APAC with BayWa r.e.

June 29, 2023
Chinese module manufacturer JA Solar has signed an agreement with renewables company BayWa r.e to distribute solar modules in APAC.
The Meseta de los Andes project in Chile. Credit: Sonnedix

Sonnedix launches operations at 160MW solar PV plant in Chile

June 29, 2023
Independent power producer (IPP) Sonnedix has launched operations at its 160MW Sonnedix Meseta de los Andes solar plant in central Chile.
OCI Solar Power's Alamo 2 project in the US state of Texas. Credit: OCI Solar Power

Matrix Renewables buys 284MW Stillhouse solar project from OCI Solar Power

June 28, 2023
Matrix Renewables has acquired the 284MW Stillhouse solar project in the US state of Texas from solar farm developer OCI Solar Power.
An Axpo project in Germany.

Renewables generate over half of Germany’s electricity consumption in H1 2023

June 28, 2023
Renewables covered about 52% of gross domestic electricity consumption in H1 2023, three percentage points higher (49%) than the same period in 2022.
Image: Ventient Energy

Renewable companies Ventient Energy and Renantis to merge in 2024

June 28, 2023
Renewable energy developers Renantis and Ventient Energy have announced to merge, planning to operate as a combined group next year.
Iberdrola's hybrid solar-wind project located in Castille and Leon, Spain. Credit: Iberdrola

Spain updates NECP, targets 76GW of solar PV by 2030

June 28, 2023
The Ministry of Ecological Transition (MITECO) in Spain has updated its National Energy and Climate Plan (NECP) with an increased target for solar PV of 76GW by 2030.
The proceeds of the loan will support the development, construction, and operation of Intersect’s Core and Expansion Portfolios of renewables, energy storage, and green hydrogen projects. Image; intersect power

Intersect Power secures US$800 million to develop solar, storage portfolios

June 28, 2023
Large-scale renewable energy developer Intersect Power has secured a revolving credit facility to the tune of US$800 million to support the deployment of its solar, energy storage and wind asset pipeline.

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