A record 31.1GW of clean energy was bought by corporations through power purchase agreements (PPAs) last year, with technology companies once again the largest buyers, according to research firm BloombergNEF (BNEF).
US energy company Con Edison is seeking new electric and gas rates in 2023 to fund clean energy investments, in a proposal that includes a 200MW solar PV plant and four battery energy storage system (BESS) projects.
Solar investor NextEnergy Capital (NEC) has raised US$896 million in its latest fundraising round that is targeting 2.5GW of final installed capacity in OECD countries, such as the US, Portugal, Spain, Chile and Poland.
French renewables developer and power producer Voltalia saw its annual electricity production reach a record high last year, with the company boosted by a 25% rise in installed solar capacity.
German chemical group Wacker Chemie saw its polysilicon sales nearly double in 2021, lifting its earning significantly amid higher raw-material and energy costs, preliminary financial results showed.
The Biden administration is said to be considering making bifacial panels exempt from extended Section 201 tariffs on solar imports, according to unconfirmed reports.
Greek industrial group Mytilineos said its renewables and storage unit continues with “full speed” to invest in solar and battery energy storage systems globally following a 2021 that saw the business expand its PV engineering, procurement and construction (EPC) operations.
Indian independent power producer (IPP) ReNew Power has sold its 117MW rooftop solar portfolio as part of a strategy to heighten its focus on utility-scale PV.
Global investment in renewables rose to new heights in 2021 as solar and wind deployment surged, but total energy transition expenditure needs to triple in the coming years to get on track for net zero, according to new research from BloombergNEF.
