News

Indian independent power producer (IPP) ReNew Power and Malaysian Gentari’s Indian subsidiary, Gentari Renewables India, have established a joint venture (JV) to target 5GW of new renewable energy capacity.

The Michigan Public Service Commission has approved a plan put forward by US energy company DTE Energy to install solar and wind in the state.

SunPower has released its preliminary financial results for the second quarter of this year, which include a net loss of US$30 million.

Santander and ib vogt have concluded a financing deal to provide €350 million for solar projects under construction in the latter's portfolio

The Tennessee Valley Authority (TVA) – a US utility headquartered in Knoxville – has ordered 279MW of First Solar’s cadmium telluride thin-film solar PV modules to outfit its Lawrence County Solar Project in Alabama, due to come online in 2027.

The European Investment Bank (EIB) has granted a €575 million (US$637 million) loan to Spanish oil major Repsol to roll out 1.1GW of renewables in Spain.

Czech independent power producer (IPP) Rezolv Energy has acquired the rights to build and operate a 229MW solar plant in Bulgaria.

Japan will need to have 689GW of total installed capacity for solar and wind power generation by 2050 to reach the goal of net zero, according to a study conducted by BloombergNEF (BNEF).

Florida-headquartered NextEra Energy has recorded a net income of US$2,795 million in Q2 2023 as both its renewables development and utility generation arms posted strong results.  

Independent power producer (IPP) BrightNight has partnered with automaker Rivian and environmental nonprofit The Nature Conservancy to develop an 800MW solar PV project on a former coal mine in Kentucky, US.