The US Department of Energy has announced that improvements will be made to two campuses of National Renewable Energy Laboratory (NREL) with funding provided by the Inflation Reduction Act (IRA).
Global solar energy investment will surpass oil for the first time in 2023 as PV leads the charge in a projected 24% increase in clean energy investment compared with 2021.
First Solar has filed a legal complaint against fellow US PV manufacturer Toledo Solar for modifying, marketing and reselling old First Solar panels as its own product, claiming to be made in the US.
Solar developer Savion and automobile giant Toyota have inked a 100MW solar PV virtual power purchase agreement (VPPA) for a brownfield project in Kentucky, US.
Swiss fund manager SUSI Partners, through its Energy Transition Fund (SETF), has invested and acquired a controlling stake in solar PV and storage developer Encore Renewable Energy in the US.
The European Commission plans ultimately to run an ‘expression of interest’ call for EU countries every year, which will result in a call for a cross-border tender if there is enough interest from member states and the proposals and desires of the participating countries line up.
Japanese electronics company TDK Company’s subsidiary TDK Ventures has launched a US$150 million fund to invest in energy and climate technology startups.
US Residential solar company Suntuity Renewables has been acquired by special purpose acquisition company Beard Energy Transition Acquisition Corp (Beard) to become a listed company on the New York Stock Exchange.
The projects will be realised by the end of this decade and will represent around US$1 billion in investment, according to Founder & CEO of Edelen Renewables, Adam Edelen.
