News

Bank of America and CrossBoundary Energy will explore financing solutions to expand the latter’s renewable energy portfolio across Africa, the commercial and industrial (C&I) solar developer announced at the COP27 conference this week.

Corporate power purchase agreements (PPAs) have hit record levels in the Asia Pacific region as fuel prices rise and the cost of renewables falls, according to Wood Mackenzie principal analyst, Kyeongho Lee.

Iberdrola targets to invest US$17 billion in renewables in the next three years and reach 52GW of renewables capacity installed.

Norway-based solar manufacturer REC Group has begun production of its new REC N-Peak 3 Black Series of rooftop solar panels, the third generation of its n-type TOPCon cell-based solar panels.

Renewables developer ACEN Australia is poised to commence construction on its 400MW Stubbo solar project after having executed key contracts and reached a final investment decision, continuing its recent expansion in Australia’s renewables market.

Norwegian renewables developer Hydro Rein and German investment company Commerz Real have agreed to acquire 362MW of solar PV projects in Denmark.

Array Technologies, the US solar tracker manufacturer, will supply tracking technology for a 750MWdc PV project in Ohio.

Inverter manufacturer SolarEdge has posted record revenue and inverter shipment for Q3 due to its “strong momentum” in the European market.

Global investment firm KKR has signed a US$400 million financing deal with Indian-based Serentica Renewables to expand its clean energy projects.

PV developer Primergy has submitted an initial permitting application to La Plata County, Colorado, for its proposed 155MWac Hesperus Solar project, which will be co-located with 155MW of battery energy storage.