News

Tyr Energy Development Renewables (TED), a US-based renewable energy subsidiary of Japanese “sogo shosha” trading company Itochu corporation, has completed development of 333MW worth of solar PV in the US.

Independent power producer (IPP) Sonnedix has secured a €260 million (US$279 million) green loan to finance the acquisition and construction of renewable energy projects in Italy.

Solar developer Recurrent Energy has secured US$160 million in project financing for its 127MW PV project in Louisiana, US.

Major Chinese solar manufacturer LONGi has sign an agreement with Spanish power company Naturgy to offer 574MWp of modules.

GCL System Integration (GCL SI) has released preliminary results for its fiscal year ended in 2023 with revenue increasing between 85.6%-109% year-on-year as it continues ramping up its n-type module and solar cell capacity.

EU's solar power generation is expected to increase by 50TWh this year thanks to increased capacity installations, according to Rystad Energy.

French land management firm Veolia has launched a project to build 300MW of solar capacity on its landfill sites in France.

The first US$10 billion close of this second fund includes a seed portfolio of an unnamed UK onshore renewables developer and a solar development partnership in India.

Indian incentives for rooftop solar in its interim budget will offer 10 million homes the opportunity to obtain free solar electricity every month.

Brookfield Renewable has published its financial results for the quarter ended 31 December 2023, headlined by net profits of US$35 million.