Markets & Finance

Oil and gas explorer Pilot Energy announced today (9 October) that it received a non-binding offer from renewable energy developer EDP Renewables APAC to take full ownership of the 376MW Three Springs solar PV power plant in Western Australia.

On Friday (4 October), the US and Australia emphasised their support for developing clean solar PV supply chains, which could leverage both countries’ investments and complementary resources from their respective solar industries.

PV Tech spoke to sun.store about its latest report, showing a downward trend for prices for monofacial and bifacial modules in Europe.

Zelestra has acquired a majority stake in German independent power producer (IPP) East Energy GmbH from CropEnergies.

NextPower UK ESG has signed one of the UK’s largest solar sleeved PV PPAs with Anglian Water Services covering the 75MW Llanwern project.

Engie said the loan would support its plan to phase out coal from its portfolio by 2025 in continental Europe and 2027 worldwide.

The New Mexico Public Regulation Commission (NMPRC) has approved a 300MW capacity increase in the US state’s community solar programme.

A prominent US renewable energy lawyer has told PV Tech Premium that a Chinese challenge to the Inflation Reduction Act through the World Trade Organization should not be a cause for alarm.

Australian utility Origin Energy announced its intention to withdraw from hydrogen and focus on renewable energy and energy storage, citing “uncertainty around the pace and timing of development of the hydrogen market".

The EBRD has committed €100 million to Lithuanian renewable power developer Green Genius, to expand its work in Europe until 2029.