News

Scatec has penned a 25-year PPA with Tunisian state utility Société Tunisienne de l'Electricité et du Gaz for a 120MW solar PV power plant.

Xinzi Optoelectronics Technology, has submitted an initial public offering (IPO) application as it looks to list on the US NASDAQ market.

This would be treble the installations registered globally in 2024, with China controlling most of the supply chain.

Actis has acquired Stride Climate Investments, from the Macquarie Group, and with it a 371MW portfolio of operating solar assets in India.

The Northwest Electric Power Design Institute of China Power Engineering Consulting Group (NWEPDI) has signed an engineering, procurement and construction contract with Abu Dhabi Future Energy Company (Masdar) for the 445MW Bilasuvar and 315MW Banka PV projects in Azerbaijan.

The world added 553GW of new solar capacity in 2024, although renewable power accounts for a fraction of the world’s electricity generation.

CIP has been named by ARENA as the first recipient of the Hydrogen Headstart Program for a 1.5GW project in Western Australia.

Through the joint venture, Italian Renewable Platform, the partnership aims to own, develop, build and operate up to 250MW of renewable energy projects in Italy, including a portfolio of solar PV projects.

The president said the move was “necessary to advance the policy of the United States to restore common sense to the Federal Government."

The European Commission, along with the private partners, target to invest up to €240 million (US$260 million) each until 2030.