Renewables developer and sustainability services provider Enfinity Global has secured ¥29 billion (US$242 million) in long-term financing for three recently completed utility-scale solar plants in Japan totalling 70MW.
The Inflation Reduction Act (IRA), which includes US$369 billion in energy security and climate change programmes over the next ten years, passed in the US Senate on Sunday, paving the way for its movement to the House of Representatives and subsequent signing by President Joe Biden.
Despite an initial selection of 15 bidders, Chile’s latest power auction awarded only two companies contracts, with 777GWh of solar PV co-located with energy storage and wind secured.
Energy technology company AES Corporation is still on track to reach its target of 4.5-5.5GW in long-term renewables and energy storage contracts in 2022, having already signed 1,618MW in the year to date, according the firm’s Q2 financial report.
The price of polysilicon in China rose across the board last week, despite signals that it may have stabilised, constituting the 25th round of price increases this year alone.
Canadian renewables company Revolve Renewable Power has received approval to build a 250MW solar-and-storage project on land managed by the US Bureau of Land Management (BLM) in Arizona.
