Markets & Finance

French independent power producer (IPP) Neoen has completed debt financing for a 1.5GW portfolio of solar, wind and battery energy storage assets in Australia.

US residential solar provider SunPower has secured over US$300 million in project financing commitments for its residential solar and storage lease programmes.

Between 2024 and 2028 the US community solar market is expected to add 7.6GW of new capacity in existing state markets, according to a report from Wood Mackenzie and the Coalition for Community Solar Access (CCSA).

The Q1 2024 edition of PV Tech Power is available to download now. This issue focuses on PV module quality issues, risk mitigation, carbon pricing policies and much more.

TOYO SOLAR, a solar cell subsidiary of Tokyo-headquartered solar manufacturer VSUN SOLAR, has signed a long-term polysilicon supply agreement with South Korean-owned polysilicon producer OCI.

Australian utility Origin Energy has acquired renewables developer Walcha Energy and its 1.3GW project pipeline of solar and wind assets.

The Eland 2 solar-plus-storage project is under early-stage construction and is expected to come online in the first quarter of 2025.

Iraq will look to deploy 12GW of solar PV capacity by 2030, according to a plan revealed this week by the Iraqi National Investment Authority.

Annual module capacity in the US is expected to reach 35GW by the end of the year, according to advisory body, Clean Energy Associates (CEA).

Turkey's installed solar capacity has surpassed wind thanks to the addition of hybrid projects, adding 510MW of capacity to the solar sector.