PV balance of system (BOS) solutions provider Shoals Technologies benefited from improving solar market conditions during Q3 as it posted record quarterly revenue and raised its 2022 guidance.
At the United Nations COP27 conference, the European Investment Bank (EIB) and AllianzGI have announced the mobilisation of US$100 million to Alcazar Energy Partners II, a fund which facilitates the development, construction and operation of renewable energy projects in the Middle East, North Africa, Eastern Europe and Central Asia.
The New South Wales government has received bids for over 5.5GW worth of wind and solar generation projects and over 2.5GW of storage systems as its Electricity Infrastructure Roadmap attracts industry attention.
Fortescue Future Industries (FFI) and Windlab will collaborate to develop a 10GW green hydrogen project, powered by solar PV and wind energy, in North Queensland, the state government has announced.
A wholly owned subsidiary of Singapore-based energy company Sembcorp Industries has secured a deal to acquire Indian independent power producer Vector Green Energy.
The European Investment Bank (EIB) and the Development Bank of South Africa (DBSA) have launched a financing programme to support €400 million (US$413 million) worth of renewables investment in South Africa.
The International Code Council’s (ICC) members have approved proposals from trade body the Solar Energy Industries Association (SEIA) that designate US solar and storage projects as Risk Category 2 infrastructure, instead of the most stringent category.
Seven key Asian countries collectively saved approximately US$34 billion in fossil fuel costs in the first half of 2022 through solar generation, according to research from Ember, the Centre for Research on Energy and Clean Air (CREA) and the Institute for Energy Economics and Financial Analysis (IEEFA).
Maxeon Solar Technologies has improved its results from the previous quarter, with Q3 2022 revenue up, driven by the European distributed generation (DG) business.
The Californian Public Utilities Commission (CPUC) issued a proposal yesterday to alter its Net Energy Metering (NEM) tariff to encourage domestic battery storage systems alongside distributed rooftop solar. The new proposal reversed some of the measures in the poorly-received NEM 3.0 programme.
