News

The New South Wales government has earmarked AU$2.1 billion (US$1.36 billion) for transmission infrastructure to connect its Renewable Energy Zones (REZ) and support utility-scale renewable and energy storage projects.

US IPP BrightNight and Canadian asset manager Cordelio Power have reached commercial operations at a 300MW solar PV plant in Arizona, US.

Chinese solar manufacturing giant LONGi has signed an agreement with Indonesia’s Pertamina New & Renewable Energy to build a 1.4GW module assembly plant in West Java, Indonesia.

FRV has started commercial operations at its 55MW Masrik-1 PV project in Armenia, the largest to enter operation in the country.

Waaree Renewable Technologies has signed an MoU with Viet Khanh to establish a 100MWp solar project in the region. 

Independent power producer (IPP) Recurrent Energy has secured €61.5 million (US$71.4 million) in financing for its Italian renewables portfolio.

BluPine Energy has raised INR2,416 million (US$290 million) debt sanctions for its 150MW power project in Aland, Karnataka.

US solar tracker manufacturer GameChange Solar has signed a deal to supply trackers to 715MWp worth of solar PV capacity across South America.

Imbalances in investment mean that action will be needed if the solar industry is to help meet the world’s climate change targets.

The Chinese polysilicon industry could face a shortage by 2028, despite persistent overcapacity in recent years, according to polysilicon market analyst Bernreuter Research.