Markets & Finance

The European Parliament has approved a new regulation prohibiting the sale, import and export of goods made using forced labour.

Spanish utility Iberdrola posted increased profits and earnings before interest, taxes, depreciation and amortisation (EBITDA) in Q1 2024.

Germany discussed the ‘Solarpaket I’ reforms to the country’s solar sector, with the Bundestag expecting to approve the laws this week.

US renewables developer NextEra Energy has posted an improved financial results for the first quarter of 2024, with net income increasing by 8.7%.

Gujarat and Karnataka are well prepared to continue the electricity transition and have integrated renewables into their power sectors.

JinkoSolar has announced plans to supply engineering, procurement and construction (EPC) firm Nyox Srl with 100MW of its Tiger Neo modules.

Spanish developer Matrix Renewables has secured €179 million (US$191 million) in financing for a 239MW Spanish solar PV portfolio.

The Australian government will launch a 6GW renewable energy tender next month under its expanded Capacity Investment Scheme (CIS).

Solar manufacturer Maxeon Solar Technologies has initiated a patent infringement lawsuit in the US against Korean-owned PV manufacturer Hanwha Qcells.

The US government will announce US$7 billion in grants for residential solar projects to power more than 900,000 low-income households.