News

The EU has announced a request for proposals (RFP) for a 400MW solar PV tender for projects in Finland, with financing for the tender voluntarily provided by Luxembourg. It is the first cross-border renewable energy tender ever proposed in Europe.

Ascent Solar can use the new European presence to provide in-region support for EU driven net zero initiatives after the acquisition.

Globally, 32% of business leaders estimated that their country will fully transition to renewables after 2050, while 8% said it would never happen.

The total corporate funding into the global solar sector increased by 55% in Q1 2023 compared with Q4 2022, and 11% year-on-year compared with the same period in Q1 last year.

Solar developer OX2 has acquired the project rights to a 475MW solar PV project in Finland from Finnish PV developer SAJM Holding Oy.

US-based clean energy company Avangrid has signed a memorandum of understanding (MOU) with the Navajo Tribal Utility Authority (NTUA) with a view to developing 1GW of solar, wind and energy storage assets.

Over 400 US solar companies have sent a letter to Congress advising against the repeal of Joe Biden’s two-year waiver on solar import tariffs, led by trade body the Solar Energy Industries Association (SEIA).

Solar projects accounted for 56.5% of the total utility-scale clean energy investments from 16 August 2022 to 31 March 2023.

With 860MW of large-scale solar added in 2022, Australia added nearly half of the capacity it did the year before when it installed 1,683MW in 2021.

The US market is expected to see a strong uptick in overall module supply, both domestic and overseas, in 2023. Alongside this will be a range of different module technologies, making the US market the most differentiated from a technology standpoint this year.