Markets & Finance

Renewable energy sources provided 44.7% of the EU’s electricity consumption in 2023, according to data from Eurostat, the European Commission’s statistical office.

Last week’s Intersolar Europe 2024 event saw the PV industry’s leaders meet in Munich to discuss the biggest trends in the sector.

Indonesia has the potential to install 3.3TW of solar capacity, according to the government, but several obstacles need to be tackled.

Saudi Arabia has launched a geographical survey project to identify suitable sites for renewables projects across the nation.

US independent power producer (IPP) Doral Renewables has signed a deal for a US$400 million minority equity investment from Dutch pension fund APG.

"Asset owners may face costs not only for the damage to the affected asset, but also for any damage to the nearby asset if the fire spreads."

Canadian asset manager Brookfield has signed a share purchase agreement with French independent power producer (IPP) Neoen.

Waaree Energies will supply modules for Juna Renewable Energy’s 412.5MWp project currently under construction in India.

AEMO has revealed that by 2050, AU16 billion must be invested to enable the growth of grid-scale wind and solar in Australia.

The Japanese government needs to triple its installed renewables capacity to at least 363GW by 2035 to achieve its 2050 net zero target.