Markets & Finance

Malaysia has launched a tender seeking 2GW of large-scale solar PV capacity for projects between 1MW and 500MW capacity.

German independent power producer (IPP) Encavis has signed an offtake deal with LyondellBasell for 208MW worth of solar PV power generation.

The European Commission has approved a €1 billion (US$1.1 billion) Greek state aid measure to support two solar-plus-storage projects.

India's MNRE has announced the re-imposition of the Approved List of Models and Manufacturers (ALMM), effective from 1 April.

The US government has announced US$4 billion in tax credits under the Qualifying Advanced Energy Project Tax Credit (48C) scheme.

Greek renewables developer Mytilineos has signed a 210MW solar PV long-term power purchase agreement (PPA) with packaging manufacturer Karatzis in Greece.

Voltalia has reported earnings before interest, taxation, depreciation and amortisation (EBITDA) of €241.1 million (US$259 million) in 2023.

US utility Dominion Energy has received approval from the Virginia State Corporation Commission for 764MW solar projects.

The Chinese government has requested the World Trade Organization (WTO) dispute consultations with the US over subsidies from the Inflation Reduction Act (IRA).

JMK Research has found that India installed 6.5GW of new utility-scale capacity in 2023, alongside 3GW of new rooftop capacity.