After years of protracted legal disputes and millions in import duties, the Section 201 tariffs on Canadian solar product shipped to the US could end soon. PV Tech Premium spoke with Heliene about what it means for Canadian PV manufacturing.
A consortium led by Macquarie Asset Management is acquiring French independent power producer (IPP) Reden Solar for an enterprise value of €2.5 billion (US$2.7 billion).
US commercial and industrial (C&I) PV developer DSD Renewables (DSD) has secured a US$200 million preferred equity investment from Ares Management Corporation to increase its growth.
Inverter supplier SMA Solar Technology has lowered its 2021 earnings forecast even further and has warned of additional headwinds this year due to the ongoing global chip shortage.
Norway’s Norfund and UK development finance institution CDC have teamed up to fund 2.4GW of renewable deployment in South Africa through a ZAR600 million (US$39 million) investment in renewables company H1 Capital.
Norwegian renewables company Scatec and Indian solar developer ACME Group have signed a joint venture agreement to develop a large-scale green ammonia facility in Oman with an annual capacity of 1.2 million tonnes once fully developed.
The International Energy Agency (IEA) has released a 10-point plan to reduce the European Union’s reliance on Russian natural gas that includes the accelerated deployment of renewable power as the war in Ukraine destabilises the continent’s energy security.
Italy must accelerate the authorisation of new solar projects to reduce the country’s reliance on imports of Russian gas, the president of industry trade association Italia Solare has said.
Vietnam’s near-term renewables outlook will be weighed down by regulatory and operational uncertainties stemming from a lack of clear policy and an “underdeveloped grid capacity”, according to Fitch Solutions’ latest report on the market.
Swiss fund manager SUSI Partners is exploring PV-plus-storage investment opportunities, building on a string of announcements in recent months that have seen it bolster its utility-scale solar position in markets such as Poland and Italy.
