Markets & Finance

Renewables asset owner Brookfield Renewable is planning to commission at least 18GW of clean energy projects in the next three years.

With multiple European countries submitting their revised National Energy and Climate Plans (NECPs) in recent months, the European Union (EU) is targeting an extra 90GW of solar capacity by 2030.

Atlas Renewable Energy and Isagen have partnered to develop, build and operate 1GW of solar projects in Colombia.

French-headquartered independent power producer (IPP) Qair has secured a PLN335.3 million (US$83.1 million) loan for 130MW of solar PV projects in Poland.

New Zealand has submitted nine solar PV projects for fast-track approval since 2020, totalling 1,147MWp in power generation capacity.

To enable the clean energy transition, energy investors and producers want certainty, which can come through power purchase agreements.

Spanish developer Matrix Renewables has acquired a controlling interest in the 261 MWdc/200 MWac Pleasant Valley Solar Project from US renewables developer rPlus Energies.

AEMO Services has received bids for 3.1GW of power generation in the state of New South Wales, more than three times the target of 950MW.

AES has posted net losses of US$19 million in Q2 2023, alongside a US$59 million loss EBITDA compared to Q1 2023.

As solar PV continues its accelerated growth, 2023 is expected to be no exception with 270GW of capacity to be added, according to Wood Mackenzie.