Saudi energy provider ACWA Power has signed an engineering, procurement, and construction (EPC) contract with China Energy Group Corporation (CEEC) for a 1.4GW solar project in Uzbekistan.
Last week the US Department of Treasury and Internal Revenue Service (IRS) released guidance on tax credits included in the Inflation Reduction Act (IRA), which allow state and local governments, nonprofits and other entities to benefit from renewable energy tax breaks.
Private equity firm Antin Infrastructure Partners has made a voluntary offer to buy the entirety of the shares of Spanish renewable energy developer Opdenergy for €866 million (US$935 million).