A round-up of the latest news from the US market, including Ameren’s progress on a 200MW solar installation acquisition in Missouri, Avantus breaking ground on a PV plant in Texas and EDF Renewables receiving approval for a 300MW solar project.
More power purchase agreements (PPA) were signed last year, although contracted PPA volumes dropped by more than 20%, according to the European PPA Market Outlook 2023 conducted by Pexapark.
The recent swathe of announcements from US policymakers – coupled with growing geopolitical unrest regarding Chinese manufacturing dominance and the role of solar PV from an energy security standpoint – has the potential to redefine PV technology, manufacturing and component supply chains in a way that the industry has never seen before, writes Finlay Colville, head of research at PV Tech.
French renewables Voltalia has signed a €250 million syndicated credit facility that will be used to pre-finance construction work on new power plants.
Microinverter supplier Enphase Energy plans to add a quarterly capacity of 4.5 million microinverters in 2023 and reach ten million by the end of the year.
Property insurance for a solar project, having been an easy “check the box” issue 10 years ago, is fast becoming a top credit item for securing financing from banks, according to the head of a data analytics and insurtech firm.
Italian renewables company Altea Green Power has signed a co-development agreement with Irish renewable energy developer Aer Soléir to build a capacity of 300MW in the next 36 months.
Israeli renewable energy platform Enlight Renewable Energy has announced its intent to raise about US$293 million in an IPO of 14 million ordinary shares on the Nasdaq Stock Market.
