Markets & Finance

Renewables developer and asset owner Madison Energy Infrastructure has acquired Pro-Tech Energy Solutions, a corporate and industrial (C&I) sector engineering, procurement and construction (EPC) solar firm.

Singapore-based energy company Sembcorp Industries has targeted 25GW of installed renewables capacity by 2028.

The US Bureau of Land Management (BLM), part of the Department of Interior, has advanced on 15 clean energy projects across the West, with two solar PV and storage plants operational in California.

US solar and storage developer Strata Clean Energy has secured a US$300 million revolving loan and letter of credit facility to develop its diversified project pipeline of over 17GW.

The assessment of the Uaroo Renewable Energy Hub proposal was terminated by the EPA at the request of Pilbara Energy (Generation).

Spanish developer Matrix Renewables has signed a 10-year 102MW solar PV virtual power purchase agreements in Spain with science and technology company Merck.

Trina Solar shipped more than 45GW of modules in the first three quarters of 2023, as its revenue increased by over 31% year-on-year.

European electric vehicle infrastructure company Allego has signed two ten-year power purchase agreements (PPA) for a total of 100GWh of annual power output. The deals are linked with a solar PV and a wind generation project.

A look into several utilities updated IRP in Arizona, as they target to increase solar and storage operational capacity in next 15 years.

Norwegian independent power producer (IPP) Scatec has posted a weakened financial results for the third quarter of 2023, with year-on-year power production and profit dropping by 7.8% and 71.6% respectively.