Markets & Finance

Saudi Arabia has awarded the 2GW Al Sadawi solar project to a consortium led by Masdar, and signed a PPA to acquire power from the project.

Starting from December 1 2024, the export tax rebate rate for some PV products and batteries will be lowered from 13% to 9% in China. 

Wood Mackenzie director of energy transition practice, David Brown, said that a Trump administration 'will not change' demand for solar PV in the US in the 'near term'.

The second partnership between CIP and AMPIN Energy Transition aims to develop north of 2GW of renewable energy projects across India.

The US state of Massachusetts has passed a bill that aims to simplify the siting process and permitting for clean energy projects.

The Dubai Electricity and Water Authority has issued a tender seeking advisory services for a co-located 1.6GW solar PV/1GW BESS project.

The financing covers two solar PV plants, which include the 445MW Bilasuvar PV plant and the 315MW Neftchala solar project.

Australia has revealed an AU$125 million (US$80 million) investment package to support the rollout of renewable energy technologies across the Pacific region.

Freyr told PV Tech Premium that its acquisition of a Trina solar plant aims to build a solar and storage manufacturing space in the US.

Both companies had signed a long-term supply agreement for up to 5GW of modules back in 2022, with deliveries expected between 2024 and 2029.