Financial & Legal

The European Commission has approved an amendment to an Estonian scheme supporting electricity production from renewable energy sources and efficient co-generation.

Climate insurance provider kWh Analytics has published a report detailing the three types of risk that solar developers could face, including extreme weather, financial modelling and operations.

Ameren Missouri has announced plans to build or acquire four new solar projects in the US, with a total capacity of 550MW.

Jason Kaminsky, CEO, kWh Analytics, on how renewable asset owners and their insurers are adapting the way they assess risk from natural catastrophes and extreme weather events.

The Ports of Stockholm will build six new rooftop solar cells at its facilities in the city, adding 550MWh of power generation to the ports.

Europe will surpass its 30GW solar PV manufacturing target by 2025 if the right industry and policy conditions are met, according to a report by the European Solar PV Industry Alliance (ESIA).

Saudi energy provider ACWA Power has signed an engineering, procurement, and construction (EPC) contract with China Energy Group Corporation (CEEC) for a 1.4GW solar project in Uzbekistan.

US community solar company Nautilus Solar Energy has bought a 270MW portfolio of projects from ESA, a US-based solar development platform.

Last week the US Department of Treasury and Internal Revenue Service (IRS) released guidance on tax credits included in the Inflation Reduction Act (IRA), which allow state and local governments, nonprofits and other entities to benefit from renewable energy tax breaks.

Chinese solar manufacturer LONGi and Austrian firm Energy3000 have signed a framework agreement for 1.5GW of solar capacity.