The European Investment Bank (EIB) will support the RePowerEU scheme with €30 billion (US$29.7 billion) in loans and equity financing over the next five years, as it looks to secure Europe’s renewable energy future and reduce its dependence on Russian gas.
Renewables developer Econergy Renewable Energy has finalised the engineering, procurement and construction (EPC) agreements for 172MW worth of solar PV projects in Romania.
Saudi Arabian renewables developer ACWA Power will enter the Indonesian market with two floating solar PV projects after being chosen by PT Perusahaan Listrik Negara (PLN), Indonesia’s only state-owned electricity utility.
Longer PV module lifetimes could lower new material demand by reducing the need for additional solar deployment in the US, according to new research from the National Renewable Energy Laboratory (NREL).
Austrian utility EVN and renewables developer ECOwind are building what they said will be Central Europe’s largest floating PV system in Grafenwörth, Austria.
Independent Power Producer AMPYR Solar Europe (ASE) has acquired Netherlands-based SolarEnergyWorks (SEW) and its 750MWp asset pipeline of ready-to-build and under-development assets
Renewables developer ACEN Australia has secured an AU$75 million (US$47.8 million) investment to accelerate the delivery of an 8GW clean energy portfolio in Australia.
JinkoSolar is on track to end the year with 70GW of solar module manufacturing capacity after posting better-than-expected results for the third quarter.