News

Swedish state-owned utility Vattenfall has acquired German solar developer Solizer and its PV portfolio of 4GW of projects in Germany.

UAE state-owned renewable energy developer Masdar has launched its first US$750 million 10-year green bond, with the proceeds to be invested in renewables, including solar and wind projects.

West Penn Power has started work to connect two solar farms, with a combined capacity of 220MW, to the Pennsylvanian electric grid.

There are currently over 40GW of Chinese-made solar modules in storage across Europe with a cumulative value of around €7 billion (US$7.8 billion), according to data from research firm Rystad Energy.

Terabase has raised US$25 million for its terafab project, which aims to increase the number of automated processes in solar manufacturing.

The Interstate Renewable Energy Council has revealed a 3.5% growth in the number of jobs in the US solar sector between 2021 and 2022.

Madagascar has launched invitations to tender for two solar PV project with a combined capacity of 210MW.

Nordic independent power producer (IPP) Scatec has secured US$102 million in funding to support its Release by Scatec platform.

Complexul Energetic Oltenia has signed contracts with two Romanian power companies to build solar projects with a combined capacity of 735MW.

Solar power purchase agreement prices in Q2 2023 in North America have dropped for the first time since Q1 2020 thanks to the increase in incorporating benefits of the Inflation Reduction Act and a stabilised solar supply chain.