News

The Spanish Ministry of Ecological Transition (MITECO) has allocated €85 million (US$91 million) to develop 51 renewable energy generation and storage projects on the Canary Islands.

A total of three trade associations in the US have established Solar Powers Illinois, hoping to promote the benefits of solar in Illinois.

Canadian solar PV module manufacturer Heliene has doubled the capacity of its Mountain Iron, Minnesota module production line to 300MW following an extra US$10 million investment into the facility.

ACWA Power will develop the largest green hydrogen plant in Indonesia, which will be powered by 600MW of new solar and wind capacity.

French energy giant TotalEnergies is the top solar developer, according to research firm Mercom Capital Group's latest report.

Indian renewables developer Adani Green Energy Ltd. (AGEL) has closed a US$1.36 billion debt facility to support the development and construction of its large-scale projects.

Independent power producer (IPP) Sonnedix has signed a 10-year pay-as-produced power purchase agreement (PPA) with US data company Equinix in Portugal.

Renewable energy investment fund manager Copenhagen Infrastructure Partners (CIP) launched its second Growth Markets Fund (GMF) this week (4th December), seeking US$3 billion in financing for renewable energy generation.

ReNew Energy Global and the Asian Development Bank have signed a deal to raise US$5.3 billion in funding for new clean energy projects.

US renewable developer energyRe has raised US$1.2 billion for a number of projects, including solar-plus-storage and transmission work.