News

Lithuanian renewables company Green Genius and Swedish developer OX2 have signed an agreement on the acquisition of 152MW of solar projects in Spain.

Polysilicon prices have fallen off a cliff since mid-late December and the downward trend is expected to continue at least until the Chinese new year.

SunPower has extended its supply agreement with solar technology company Maxeon until 2025 as it seeks to meet rising demand for residential solar in the US.

Renewables developer Econergy Renewable Energy has finalised a €150 million (US$157.7 million) loan agreement with Phoenix Insurance to support its pipeline of solar PV projects in Romania and Poland.

US residential solar and storage supplier Sunrun has closed US$835 million in non-recourse financings, spread across three tranches.

Lithuanian renewable energy company Green Genius has secured financing from Polish bank entity mBank to build 69MW of solar plants in Poland.

The share of renewables in net electricity generation in Germany nearly accounted for half of total power generation in 2022 with 49.6%, according to the Fraunhofer Institute for Solar Energy Systems (ISE).

A Madrid-headquartered developer has proposed a solar-plus-storage system in Spain with a 100MW/200MWh battery energy storage system (BESS).

US independent power producer (IPP) Silicon Ranch has conducted a US$600 million equity raise, bringing its total funds raised in 2022 to over US$1 billion.

The Indian government has approved its national green hydrogen mission which aims to add 125GW of renewable capacity for that purpose by 2030.