News

Scatec has reached financial close for its three solar projects in South Africa, which will have a combined capacity of 273MW.

Spanish developer Grenergy has signed a 12-year power purchase agreement (PPA) for its Gran Teno solar park in Chile.

Specialty contracting company Primoris Services has been awarded 1.4GW of solar projects located in the Southwest US.

Hawthorne Renewables is planning to operate 2GW of solar assets and invest US$250 million in the US market next several years.

The Avaada Group has closed its latest funding round, which generated US$1.3 billion for the group’s solar and green hydrogen businesses.

Global demand for solar PV could rise up to 40% in 2023 as favourable economics in the solar sector combine with broad policies like the Inflation Reduction Act (IRA) and REPowerEU schemes.

Chinese module manufacturer JA Solar has signed an agreement with renewables company BayWa r.e to distribute solar modules in APAC.

Independent power producer (IPP) Sonnedix has launched operations at its 160MW Sonnedix Meseta de los Andes solar plant in central Chile.

Matrix Renewables has acquired the 284MW Stillhouse solar project in the US state of Texas from solar farm developer OCI Solar Power.

Renewables covered about 52% of gross domestic electricity consumption in H1 2023, three percentage points higher (49%) than the same period in 2022.