Markets & Finance

Australia’s Prime Minister has announced an Inflation Reduction Act-style investment package to stimulate a domestic clean energy manufacturing industry.

A €2.2 billion (US$2.3 billion) scheme to support investment into decarbonising industrial processes in Germany has been approved by the European Commission (EC).

Renewable energy financier Excelsior Energy Capital has signed a 2GW solar module supply agreement with Canadian-headquartered solar manufacturer Heliene.

The report identified access to capital and upfront investment as the key method by which the government could support the expansion of a PV manufacturing industry in Australia.

As trade laws and concern around the concentration of solar manufacturing in China increase, can the solar supply chain support global demand?

The accelerated ramp out of Maxeon 6 module capacity has resulted in higher than initially planned restructuring costs during the fourth quarter of 2023.

Japanese conglomerate Toyota Tsusho Corporation has established a new joint venture (JV) seeking to develop renewable energy projects across Africa.

Quinbrook Infrastructure Partners has closed funding for its Valley of Fire Fund, raising US$600 million in capital commitments.

Solar inverter supplier Solaredge has acquired Wevo Energy, an electric vehicle (EV) charging software startup.

Solar Energy Corporation of Indiahas allocated 1.5GW of solar capacity in a recent tender at an average price of INR2.56 (US$0.031) per kWh.