News

Brookfield Asset Management has raised US$15 billion as part of its Brookfield Global Transition Fund that will focus investments on the transition to a net zero carbon economy.

US power grid operator PJM Interconnection latest capacity auction for 2023/2024 saw 1,868MW of solar PV procured, up 25% from 2022/2023.

Australian energy software company Evergen has closed a AU$15 million (US$10.4 million) series B funding round, its largest capital investment to date.

Independent power producer (IPP) AMPYR Solar Europe (ASE) and German developer Belectric have agreed to install a pipeline of more than 200MW of solar PV capacity in Germany within the next two years.

US EPC group CS Energy has secured three utility-scale solar projects with a total capacity of 365MWdc in New York from NYSERDA.

Large developers of hybrid projects in India could see a 17% equity IRR by implementing five measures, according to a report by the IEEFA.

Trina Solar has started construction on a vast new industrial park in the central Chinese province of Qinghai that will cover almost the entire PV manufacturing chain from polysilicon production all the way down to modules.

Tongwei has announced that its subsidiaries have signed a RMB50.9 billion (US$7.58 billion) silicon material sales contract for 216,100 tons with Qinghai Gaojing Solar Energy Technology Co., Ltd.

State-owned utility GUVNL has opened a tender for renewables paired with energy storage to bring off-grid electricity in Gujarat, India.

Spanish developer Matrix Renewables has signed its first US tax equity financing for two solar and energy storage projects in California.