NEM 3.0, the latest iteration of California’s rooftop solar net metering scheme, was passed yesterday by the California Public Utilities Commission (CPUC). Vocal public debate surrounded the legislation before the vote as solar industry workers and representative bodies called for revisions to the proposed decision.
Tech giant Meta has partnered with independent power producer Silicon Ranch to build seven solar projects in Georgia and Tennessee with a capacity of 720MW.
The G7 initiative JETP has agreed to support Vietnam’s green energy transition and mobilise an initial US$15.5 billion of public and private finance over the next three to five years.
Japanese-headquartered financial services group ORIX Corporation has taken full ownership of Spanish renewables firm Elewan Energy after acquiring a further 20% stake in the company.
BP ventures, the investment platform of bp, has invested A$20 million (US$13.5 million) in Australian renewables company 5B to support the development and implementation of its 5B Maverick solar technology.
Newly granted patents for solar cell architecture that reduces silver costs and increases power generation could see the new technology draw closer to commercialisation.
Petrochemical company INEOS Olefins & Polymers USA has signed a power purchase agreement (PPA) with a subsidiary of NextEra Energy for a 310MW solar project in north central Texas.
Fund manager Glennmont Partners has entered the US market through a joint venture (JV) with solar developer GreenGo Energy to develop 1GW of solar and storage capacity.
Having been rebranded with a new ethos and mission, Qcells’ ambitions are supported by a suite of clean energy products as it consolidates its position in the solar PV sector.
