A wholly owned subsidiary of Singapore-based energy company Sembcorp Industries has secured a deal to acquire Indian independent power producer Vector Green Energy.
The European Investment Bank (EIB) and the Development Bank of South Africa (DBSA) have launched a financing programme to support €400 million (US$413 million) worth of renewables investment in South Africa.
The International Code Council’s (ICC) members have approved proposals from trade body the Solar Energy Industries Association (SEIA) that designate US solar and storage projects as Risk Category 2 infrastructure, instead of the most stringent category.
Seven key Asian countries collectively saved approximately US$34 billion in fossil fuel costs in the first half of 2022 through solar generation, according to research from Ember, the Centre for Research on Energy and Clean Air (CREA) and the Institute for Energy Economics and Financial Analysis (IEEFA).
Maxeon Solar Technologies has improved its results from the previous quarter, with Q3 2022 revenue up, driven by the European distributed generation (DG) business.
The Californian Public Utilities Commission (CPUC) issued a proposal yesterday to alter its Net Energy Metering (NEM) tariff to encourage domestic battery storage systems alongside distributed rooftop solar. The new proposal reversed some of the measures in the poorly-received NEM 3.0 programme.
The Energy Transition Accelerator Financing Platform (ETAF) has gained three new partners this week at the United Nations COP27 conference in Egypt. The Asian Infrastructure Investment Bank (AIIB), Masdar and Swiss Re all signed partnerships on site in Sharm-El-Sheikh.
The French Senate approved a new legislation that will boost the deployment of renewables in France, with the requirement of outdoors car parks to be covered with solar by law.
Spain is on track to install more than 4GW of utility-scale solar in 2022, a 25% increase on last year’s figures, according to José Donoso, head of the country’s PV association, UNEF.
US solar developer OYA Renewables and energy company Oil Well Shares have embarked upon a joint venture (JV) to develop and construct community and utility-scale solar and storage projects across the PJM region.
