Markets & Finance

Scatec has reached financial close for its three solar projects in South Africa, which will have a combined capacity of 273MW.

Hawthorne Renewables is planning to operate 2GW of solar assets and invest US$250 million in the US market next several years.

The Avaada Group has closed its latest funding round, which generated US$1.3 billion for the group’s solar and green hydrogen businesses.

Global demand for solar PV could rise up to 40% in 2023 as favourable economics in the solar sector combine with broad policies like the Inflation Reduction Act (IRA) and REPowerEU schemes.

Chinese module manufacturer JA Solar has signed an agreement with renewables company BayWa r.e to distribute solar modules in APAC.

Matrix Renewables has acquired the 284MW Stillhouse solar project in the US state of Texas from solar farm developer OCI Solar Power.

Tom Kenning on one of the most promising up-and-coming solar power players of Southern Europe, Greece. He asked experts about the challenges and opportunities for PV in the country.

Renewables covered about 52% of gross domestic electricity consumption in H1 2023, three percentage points higher (49%) than the same period in 2022.

Renewable energy developers Renantis and Ventient Energy have announced to merge, planning to operate as a combined group next year.

The Ministry of Ecological Transition (MITECO) in Spain has updated its National Energy and Climate Plan (NECP) with an increased target for solar PV of 76GW by 2030.