Markets & Finance

With ESG regulations more present than ever, these frameworks are an opportunity to build an energy sector that is more sustainable.

3Sun, the solar module manufacturing subsidiary of Italian utility Enel has secured €560 million (US$612 million) in financing for its heterojunction module assembly plant in Sicily, Italy.

Recurrent Energy, the solar project development subsidiary of global solar manufacturer Canadian Solar, has secured a US$500 million equity investment from Blackrock, the world's largest asset manager.

Electricity generation from low-emission sources such as solar, wind, hydro, and nuclear will cover all global demand growth to 2026.

Rio Tinto has signed a power purchase agreement (PPA) with European Energy to buy all of the power at the latter’s Upper Calliope solar farm.

Solar PV accounted for 55.8% of the total power generation capacity added to the Indian grid in 2023, including fossil fuel additions which rose considerably over the year in response to growing electricity demand.

Empact Technologies will manage Inflation Reduction Act (IRA) compliance for Ampliform's current and future projects.

UK-based energy group Octopus Energy has acquired its first solar PV portfolio of 142.8MW projects in Germany.

Over the last six months, two major US utilities – American Electric Power (AEP) and Duke Energy – have been selling off their commercial solar PV assets to private investment groups and consolidating their operations in regulated markets.

Between US$7 and US$9 billion in transferable tax credit transactions were made last year in the US, according to a report from Crux, an ecosystem for entities to transact and manage transferable tax credits.