Markets & Finance

Parliament’s decision has been met with both approval and some trepidation by representatives in the European solar industry. It will now pass to negotiations with the European Council to clarify its specifics.

Of its three major operational markets – the US, Europe and Latin America – Grenergy particularly highlighted Chile as a fulcrum for leveraging up its solar and storage businesses.

Clēnera's affiliate Country Acres Clean Power has entered into a busbar PPA with SMUD for a 392MWdc/344MWac solar project in California.

Summit Ridge Energy and PureSky Energy have established financing facilities, while Mainstream has closed funding for a 97.5MW solar project.

Investment bank Macquarie Asset Management has launched a new onshore renewable energy business division Aula Energy, developing renewables including solar in Australia and New Zealand.

Thin-film manufacturer First Solar is well placed to weather any downturn in PV manufacturing going into 2024.

Small-scale utility and community solar developer Renewable Properties has secured a US$25 million development capital investment to continue developing its 1GW US community solar project pipeline.

Norwegian energy company Statkraft has acquired Spanish renewables developer Enerfin for an estimated €1.8 billion (US$1.9 billion).

PV Tech Power contributor John Lubbock examines the challenges of reforming the UK’s electricity market in the face of the increased rollout of renewables in the country.

National Grid Renewables has signed two power purchase agreements for its Blevins solar project in the US state of Texas.