News

The European Investment Bank (EIB) will invest €1.6 billion to support the construction of the Bay of Biscay interconnector.

The levelised cost of energy (LCOE) for utility-scale solar PV in the US has tightened for a third year in a row, according to Lazard’s latest report.

Blue Elephant Energy has received a €200 million (US$214 million) investment from European asset management company Infranity.

US tax credits for solar PV, wind power and electric vehicles are facing dramatic cuts, while those for energy storage are sustained.

Indian module manufacturer Ahaan Solar has started construction of a 2GW solar module assembly plant in Rohnat, Haryana.

The World Bank has approved a loan of around US$600 million to support the development of 540MW of new solar and wind capacity in Indonesia.

US-based solar module manufacturer Bila Solar has begun production at its manufacturing facility in Indiana.

The LC will enable Redeux to fund development costs tied to interconnection and power purchase agreement (PPA) commitments across projects. Image: Redeux Energy.

Independent power producer (IPP) Scatec has raised US$479 million for its Obelisk hybrid solar and battery storage project in Egypt.

Yaskawa America has unveiled plans to move its headquarters to Wisconsin, and invest US$180 million in expanding its operations in the state.