Markets & Finance

The US Energy Information Administration (EIA) expects the contribution of solar power to the US’ energy mix to exceed that of hydropower.

India installed 12.9GW of renewable energy capacity in 2023, over 10GW of which was solar PV capacity. This represents a 28% decline in PV additions and an 18% drop in overall renewables capacity additions year-on-year.

Infrastructure investment manager I Squared Capital has agreed to invest up to US$400 million in Brazilian distributed generation company Órigo Energia.

A consortium of EDF Renewables and Korea Western Power Corporation (KOWEPO) has reached financial close on a 500MW solar PV plant in the Sultanate of Oman.

GCLSI has signed a module supply contract with NTPC Renewable Energy to supply the company with 1.1GW of solar modules.

Renewables investor Aquila European Renewables has secured a €50 million (US$54.7 million) debt facility through a 180MWp solar PV portfolio in Spain.

Andel and Better Energy have entered a joint partnership to build a portfolio of “energy parks” with a total power capacity of 2GW.

Auxin Solar has filed a lawsuit against US government bodies for failing to collect payments relating to the AD/CVD tariffs on solar imports.

The European Bank for Reconstruction and Development (EBRD) has invested €100 million to into Taaleri Energia's renewables fund SolarWind III.

Indian commercial and industrial (C&I) renewables developer Serentica Renewables has secured funding for a 530MW round-the-clock hybrid project in India.