US distributed solar supplier Spruce Power has posted an improved financial results as its adjusted EBITDA increased by 33.8% year-on-year in the first half of 2023.
The US Department of Treasury and Internal Revenue Service (IRS) have released guidance pertaining to the domestic content bonus included in the Inflation Reduction Act (IRA); solar PV projects will need to meet requirements for both their PV and their steel components in order to benefit.
Solar developer Recurrent Energy, a subsidiary of Canadian Solar, has signed an aggregated virtual power purchase agreement (PPA) with several offtakers for its 100MW solar PV project in Liberty County, Texas.
Renewable energy developer MPC Energy Solutions has expanded its footprint in Latin America by entering the Panamanian market, taking a step forward to strengthen its portfolio in the region.
Chilean solar developer Verano Energy has acquired 296MW of solar PV projects in Colombia, bringing its Latin American renewables portfolio to over 3GW.
Israel-based robotic module cleaning technology company Airtouch Solar has signed an agreement with Indian renewable company Adani Green Energy Limited (AGEL) to supply cleaning robots for solar modules.
Global renewables investor Actis has launched a new US$500 million renewables development platform in Japan, looking to deploy 1.1GW of onshore solar and wind by 2027.