US solar developer Origis Energy has secured a US$136 million construction financing facility and conversion to term loan with financial group Mitsubishi UFJ Financial Group (MUFG) for a PV plant in Florida, US.
The rapid deployment of solar and other renewables is creating new pressures on the efficient operation of electricity markets. Stephen Woodhouse looks at whether a shift from national to locational pricing offers a solution to optimal market design as decarbonisation efforts gather.
The US Department Of the Interior (DOI) has granted permits to over 25GW of renewable energy capacity on public lands, a milestone originally earmarked by the Biden administration for 2025.