Markets & Finance

Danish renewables developer Ørsted has signed a 15-year power purchase agreement (PPA) to supply 80MW of solar PV power in the US to media company Bloomberg.

CALSSA executive director Bernadette Del Chiaro says a downward trend will be the best description of the California market this year without government intervention.

Solarpack has signed a 25-year PPA to sell power generated at its upcoming 410MW Gorbea solar project to SECI.

The statement came on the same day that European solar manufacturing stalwart Meyer Burger announced plans to abandon its module assembly plant in Germany because of the lack of support afforded to manufacturers in Europe.

The updated Western Solar Plan would streamline the Bureau of Land Management’s (BLM) framework for siting solar energy projects.

Distributed energy platform Scale Microgrids has acquired over 500MW of community solar and energy storage projects across several states in the US from Netherlands-based developer Gutami.

Corporate financing in the solar sector rose 42% in 2023 compared with 2022, according to Mercom Capital.

Panama’s national secretary of energy has launched its first bidding auction exclusively for renewables and energy storage.

US distributed generation platform Aspen Power has secured US$241 million in three financing tranches to support construction of its future solar PV assets.

Provisional figures show that 2023 set a new and massive record for utility-scale solar, doubling the previous best.