News

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.

Enfinity Global has secured €118 million to construct four utility-scale solar PV plants with a total capacity of 101MW in Italy.

DEPCOM Power, a provider of engineering, procurement and construction (EPC) work, is midway through construction on what it has called Puerto Rico’s "largest" solar-plus-storage project.

UAE state-owned renewable energy developer Masdar has signed a number of solar PV and renewables agreements in small and emerging global solar markets.

Spanish developer Acciona Energia will begin constructing a 380MW solar PV plant in Australia in the first quarter of 2024.

Scatec has signed an agreement with the Egyptian Electricity Holding Company to develop a project consisting of 1GW of solar and 200MWh of battery storage during the COP28.

The solar industry in California “has experienced devastating results in the form of business closures and depression-level layoffs”.

118 countries have signed the ‘Global Renewables and Energy Efficiency Pledge’ on Saturday (2 December) at COP28 in Dubai to treble global installed capacity by 2030.

North Macedonia has announced plans to deploy 1.7GW of renewable energy capacity by 2030 and entirely phase out its coal power generation fleet.