News

Greece was entirely powered by renewables for the first time in its history last week, according to the country’s independent power transmission operator (IPTO).

US utility Duke Energy plans to invest US$40 billion in zero-carbon power generation as part of its US$145 billion capital investment plan for the next ten years.

US solar racking manufacturer Unirac has secured a recapitalisation investment led by private equity firm Greenbelt Capital Partners.

Tata Power has plans to expand its footprint in the Indian state of Rajasthan and bring its renewables portfolio there to 10GW in the next five years.

Solar Energy Industries Association (SEIA) has slammed a proposed rule change that would see solar PV projects in the US categorised as high risk structures, pushing up development costs and dampening the positive impact of the Inflation Reduction Act (IRA).

Solar project developer Eco Energy World (EEW) plans to list on Nasdaq via a business combination agreement with special purpose acquisition company ClimateRock.

Maxeon Solar Technologies has shut down a PV module manufacturing plant in France, citing a challenging price environment.

Developer Leeward Renewable Energy (LRE) has started construction of its 100MW solar facility in North Carolina.

Microinverter supplier and home energy solutions company Enphase Energy is targeting greater growth in the European market following strong tailwinds in the region but is also seeking to draw on the experience of partner companies in Europe to drive growth across the US.  

India’s residential rooftop solar capacity is set to increase 60% by the end of fiscal year 2023, according to a report by the IEEFA and JMK Research.