Markets & Finance

Comprising 14 production lines, the factory is expected to begin production on or before the end of October this year.

Solar developer Emeren, formerly known as ReneSola Power, has targeted to reach a 4GW pipeline of solar and storage projects by the end of 2023.

Distributed rooftop solar fulfilled 14% of Australia’s energy consumption over this summer, a record level that exceeded all other renewable sources and brown coal generation.

The project is estimated to generate about 41GWh of clean energy annually.

Renewable Energy asset owner Brookfield Renewable has signed an agreement to acquire Origin Energy Limited, with a view to expanding its renewables generation capacity across Australia in the next decade

Solar O&M solutions provider Ecoppia has agreed to deploy robotic models at PV sites developed by Matrix Renewables. 

IRENA believed that yearly investments must more than quadruple to over US$5 trillion to stay on the 1.5°C pathway.

The China Energy Engineering Corporation has reportedly proposed to build a 1GW floating solar installation in Zimbabwe, at the Kariba Dam on the Zambizi river.

Canadian solar developer OYA Renewables has secured US$27 million in financing from City National Bank, the US subsidiary of the Royal Bank of Canada.

Clean energy researcher Bridge To India has released its “Solar Map 2022” report, displaying the state of the Indian solar market as of December last year. The infographic report shows that state-by-state solar deployments continued to be inconsistent and that domestic module and cell supply accounted for far less capacity than imports, though overall installments still remain impressive.