Markets & Finance

Utility Enel has signed an agreement with Japanese energy company Inpex Corporation to sell half of its Australian operation for US$446.9 million.

Aquila Clean Energy EMEA – the European renewables platform from Aquila Group – has signed an 800MW PV module supply deal with Trina Solar for Aquila’s project pipeline in Southern Europe.

Tom Kenning looks at the rise of solar power in Texas, a US state better known for its role in the oil and gas industry, where a beneficial tax regime and an abundance of project land work in favour of building out solar power generation.

The European Investment Bank has announced plans to increase its funding for its REPowerEU project by €15 billion.

The state government of Maine passed a law on Monday limiting the scope of Net Energy Billing (NEB) after the scheme saw higher adoption than expected which had an inflationary effect on electricity prices

Solar developer Aspen Power has secured US$90 million to continue developing its community solar, small-utility and commercial and industrial (C&I) projects.

The Canadian government will invest CA$160 million (US$121 million) into nine solar PV projects in Alberta totalling 163MW and 48MW of battery storage.

Solar Module Super League (SMSL) member Trina Solar has signed a 150MW module and tracker supply deal with Israeli PV developer Teralight.

The International Energy Agency's latest report shows that increased demand for solar PV could drive significant demand for copper worldwide.

Renewable energy developer Hive Energy will sell 200MW worth of Italian agrivoltaic PV projects to GreenIT, a renewable energy joint venture between Italian energy provider Plenitude and investor CDP Equity.