Markets & Finance

Finnish utility Fortum has begun development on an 80MW solar PV plant in Finland’s Virolahti municipality in the Southeast of the country bordering Russia. It will be Fortum’s first solar PV project in its home country.

The European Commission has approved an amendment to an Estonian scheme supporting electricity production from renewable energy sources and efficient co-generation.

Climate insurance provider kWh Analytics has published a report detailing the three types of risk that solar developers could face, including extreme weather, financial modelling and operations.

Ameren Missouri has announced plans to build or acquire four new solar projects in the US, with a total capacity of 550MW.

Jason Kaminsky, CEO, kWh Analytics, on how renewable asset owners and their insurers are adapting the way they assess risk from natural catastrophes and extreme weather events.

The Ports of Stockholm will build six new rooftop solar cells at its facilities in the city, adding 550MWh of power generation to the ports.

Europe will surpass its 30GW solar PV manufacturing target by 2025 if the right industry and policy conditions are met, according to a report by the European Solar PV Industry Alliance (ESIA).

Canadian utility BC Hydro has announced to launch a call for new sources of renewable and emission free electricity in early 2024.

Saudi energy provider ACWA Power has signed an engineering, procurement, and construction (EPC) contract with China Energy Group Corporation (CEEC) for a 1.4GW solar project in Uzbekistan.

US community solar company Nautilus Solar Energy has bought a 270MW portfolio of projects from ESA, a US-based solar development platform.