A wholly owned subsidiary of Singapore-based energy company Sembcorp Industries has secured a deal to acquire Indian independent power producer Vector Green Energy.
The European Investment Bank (EIB) and the Development Bank of South Africa (DBSA) have launched a financing programme to support €400 million (US$413 million) worth of renewables investment in South Africa.
Seven key Asian countries collectively saved approximately US$34 billion in fossil fuel costs in the first half of 2022 through solar generation, according to research from Ember, the Centre for Research on Energy and Clean Air (CREA) and the Institute for Energy Economics and Financial Analysis (IEEFA).
After Actis-backed developer Rezolv Energy announced its acquisition of what it said will be Europe’s largest solar project earlier this month, PV Tech Premium caught up with Rezolv CEO Jim Campion to discuss the unique blend of power purchase agreements (PPAs) on offer, the rising appeal of the Romanian PV market, and the novel attempt to restore degraded agricultural lands on site.
Maxeon Solar Technologies has improved its results from the previous quarter, with Q3 2022 revenue up, driven by the European distributed generation (DG) business.
The Californian Public Utilities Commission (CPUC) issued a proposal yesterday to alter its Net Energy Metering (NEM) tariff to encourage domestic battery storage systems alongside distributed rooftop solar. The new proposal reversed some of the measures in the poorly-received NEM 3.0 programme.
The Energy Transition Accelerator Financing Platform (ETAF) has gained three new partners this week at the United Nations COP27 conference in Egypt. The Asian Infrastructure Investment Bank (AIIB), Masdar and Swiss Re all signed partnerships on site in Sharm-El-Sheikh.
Spain is on track to install more than 4GW of utility-scale solar in 2022, a 25% increase on last year’s figures, according to José Donoso, head of the country’s PV association, UNEF.
Array Technologies has posted strong financial results with Q3 revenue driven up by STI Norland’s acquisition and strong organic growth within its legacy business.
Swedish solar developer Alight Energy has received a US$150 million investment from DIF Capital Partners to accelerate the deployment of its near-term solar pipeline. The agreement sees the investor take a majority stake in Alight, coupled as it is with a secondary buyout of some existing shareholders.
