Property insurance for a solar project, having been an easy “check the box” issue 10 years ago, is fast becoming a top credit item for securing financing from banks, according to the head of a data analytics and insurtech firm.
Italian renewables company Altea Green Power has signed a co-development agreement with Irish renewable energy developer Aer Soléir to build a capacity of 300MW in the next 36 months.
Israeli renewable energy platform Enlight Renewable Energy has announced its intent to raise about US$293 million in an IPO of 14 million ordinary shares on the Nasdaq Stock Market.
In the six months since the Inflation Reduction Act (IRA) passed into law, the US has seen over 100,000 new clean energy jobs created across 31 states as companies begin to capitalise on the incentives and security that the bill offers.
High development costs and an unstable regulatory environment have increased average solar power purchase agreement (PPA) prices in Europe to a new high of €76.84 (US$82.4)/MWh in Q4 2022.
Solar power will dominate new electric-generating capacity additions in the US this year, according to the Energy Information Administration's (EIA) Preliminary Monthly Electric Generator Inventory.
Chinese solar cell manufacturer Aiko Solar plans to issue a global depository receipt and apply for a listing on the Swiss Stock Exchange to improve its competitiveness.
