Markets & Finance

Polish independent power producer (IPP) R.Power has signed a PLN 231 million (US$58.5 million) deal with the Polish Development Bank to develop a 72MWp solar PV portfolio.

The Vietnamese government has announced to allow direct PPA between independent power producers and large electricity consumers.

As a fast-growing segment of the industry, floating solar is also a novel technology that comes with a variety of new operational risks.

Singapore-headquartered renewable energy developer Peak Energy has signed a memorandum of understanding (MOU) to pursue a 50MW rooftop solar portfolio in South Korea.

The Australian federal government has presented the ‘Future Made in Australia Bill 2024’ to bolster renewable energy technologies like solar.

A market brief on the first tender to be held in Western Australia under the nationwide Capacity Investment Scheme (CIS) for renewables and energy storage has been published.

A collective effort will be required to realise the potential of the solar PV industry, according to Sonia Dunlop of the Global Solar Council.

The NSW government has declared six renewable energy projects, one solar and three PHES sites, as “critical” for the Australian economy.

The European Bank for Reconstruction and Development (EBRD) will provide up to US$229.4 million to ACWA Power to develop a 200MW/500MWh solar-plus-storage project in Uzbekistan.

Interest in co-locating solar PV with energy storage is increasing in Southern Europe, as grid curtailments and negative or near zero prices for solar PV become more frequent.