Markets & Finance

The ADB has signed a transaction advisory service mandate with utility Électricité du Cambodge to support the development of 2GW of solar power in Cambodia.

The US installed 1,877MW of utility-scale solar during Q3 2022, a 23% drop year-on-year, amidst ongoing policy issues, according to trade body the American Clean Power Association (ACP).

The CEO of US solar installer Sunrun has called for faster action to reduce import delays that continue to impact the country’s PV industry.

Norwegian energy company Equinor has acquired Danish solar developer BeGreen, strengthening Equinor’s solar PV portfolio and capabilities.

The US and United Arab Emirates (UAE) have signed a significant new clean energy framework in Abu Dhabi, the White House has announced.

One third of US households who installed solar PV in 2021 had incomes between US$50,000-100,000, according to a report from LBNL.

TCL Zhonghuan cut the price of its solar wafers for the first time this year, with this trend expected to continue as new production capacity comes online across the industry.

California-based renewables operator SB Energy has sealed a 942MW power purchase agreement (PPA) with Google for power produced in four of its Texas-based solar projects. The power will be used to fuel a data centre in Midlothian, Texas.

The European Investment Bank (EIB) will support the RePowerEU scheme with €30 billion (US$29.7 billion) in loans and equity financing over the next five years, as it looks to secure Europe’s renewable energy future and reduce its dependence on Russian gas.