Swiss fund manager SUSI Partners, through its Energy Transition Fund (SETF), has invested and acquired a controlling stake in solar PV and storage developer Encore Renewable Energy in the US.
Lightsource bp has reached commercial operation of its 152.5MWac Bellflower Solar project in Indiana, with a virtual power purchase agreement (VPPA) in place with communications company Verizon.
California Independent System Operator (CAISO) has approved a transmission plan consisting of 45 projects for system expansion and upgrades with a cost of US$7.3 billion, including a total of more than 17GW of solar generation.
Announced solar PV manufacturing capacity across the globe has met the deployment levels suggested by the International Energy Agency towards 2030, but only 25% of the announced projects could be considered as committed, according to IEA's recent study.
NEOM Green Hydrogen Company (NGHC), a joint venture between renewables developer ACWA Power, gas company Air Products and the futuristic city project NEOM, has reached financial close on a Saudi green hydrogen plant with US$8.4 billion.
Sungrow has signed an agreement to supply 2.1GW worth of inverters to the Al Shuaibah PV project in Saudi Arabia, which will be the largest solar farm in the world once it reaches operations.
A total of 247 module types from 35 manufacturers have been named “Top Performers” by PV Evolution Labs (PVEL) in its 2023 Module Reliability Scorecard, more than doubling last year’s numbers and the highest ever.
