News

PV and solar-plus-storage costs have risen year-on-year (YoY) in the US, according to the annual price benchmarking analysis by the National Renewable Energy Laboratory (NREL).

Canadian renewable energy company Brookfield Asset Management has established a mutual agreement with Amazon Web Services (AWS) that will see 600MW of solar and wind capacity provided to fuel Amazon’s operations. Brookfield will also employ AWS’ technology and digital capabilities to optimise its infrastructure.

Utility Colbún has inaugurated a solar-plus-storage project with a 32MWh battery energy storage system in the Atacama region of Chile.

Subsidiaries of polysilicon producer Daqo New Energy have signed two polysilicon supply agreements with LONGi and an undisclosed Chinese manufacturer.

PV plant developer National Grid Renewables has commenced operations at its Noble solar-plus-storage project in Denton County, Texas. The Noble project consists of a 275MW solar PV farm and 125MWh energy storage system.

Spanish developer Fotowatio Renewable Ventures (FRV) has received a preliminary environmental license to develop a 327MWp solar PV plant in Brazil.

AMEA Power, the Middle Eastern renewable energy company, has closed financing on 1GW of renewable energy projects to be deployed in Egypt, constituting a 500MW solar PV plant and a 500MW wind farm.

The Internal Revenue Service (IRS) has issued a wage and apprentice guidance under the Inflation Reduction Act (IRA) that is set to start for US projects initiated in 30 January 2023.

Following news of lower silicon material prices, silicon wafer giant LONGi Green Energy has announced a small reduction in its wafer prices.

Saudi Arabian energy developer ACWA Power and Badeel, a subsidiary of the Saudi Public Investment Fund (PIF) will partner to develop a 2,060MW solar PV project in the country's Makkah province.