Markets & Finance

A group of investment firms led by the Asian Development Bank (ADB) has partnered with the government of the Solomon Islands to finance new solar PV power plants, increase rooftop solar PV installations, and support the islands’ power sector reforms.

EDF Renewables, the Korea Western Power Company (KOWEPO) and Masdar have reached financial close for the 1.5GW Al Ajban solar project.

Some key takeaways from the solar industry at this year's RE+ event held in Anaheim, California, including the upcoming election and IRA.

Monarch Private Capital and Invenergy have closed US$170 million in financing for the second phase of its Samson Solar Energy Center.

State-owned energy company Stanwell has inked a 15-year power purchase agreement (PPA) to secure renewable energy derived from 775MW of solar PV owned by Genex Power in Queensland, Australia.

Eurowind Energy has signed a shares purchase agreement for a 55MW solar portfolio, currently under construction in Portugal.

The winning bid from SunPower assets are the Blue Raven Solar business, New Homes business and non-installing Dealer network.

Section 301 tariffs to be implemented in 2024 will take effect on 27 September, such is the case for solar cells.

The European Investment Bank (EIB) and FirstRand Bank have allocated €400 million (US$444 million) to support the development of solar PV and wind generation projects in South Africa.

Today (13 September), the Australian government released an updated 2024 version of its National Hydrogen Strategy, focusing on accelerating clean hydrogen industry growth, with solar PV and wind generation set to provide the foundation for a booming industry.