Markets & Finance

The Solar Energy Corporation of India (SECI) has released the list of companies awarded in the second round of the Production Linked Incentive (PLI).

Canada will introduce tax credits, incentives and investment for developing and manufacturing solar PV, energy storage and other renewable energy technologies in an Inflation Reduction Act-style scheme.

Masdar regional head lays out company’s long-held ambitions in the region highlighting transmission as key to clean energy proliferation.

The projects consist of a 90MW floating solar project in Madhya Pradesh and a 100MW utility-scale solar PV project to be built in Gujarat

Missouri-based solar developer Birch Creek Energy has acquired DC-based greenfield developer Foundations Solar Partners from equity firm Hull Street Energy.

Based on a multi-year agreement, Nextracker will supply trackers for projects in Texas, Arizona, and Virginia.

Comprising 14 production lines, the factory is expected to begin production on or before the end of October this year.

Solar developer Emeren, formerly known as ReneSola Power, has targeted to reach a 4GW pipeline of solar and storage projects by the end of 2023.

Distributed rooftop solar fulfilled 14% of Australia’s energy consumption over this summer, a record level that exceeded all other renewable sources and brown coal generation.

The project is estimated to generate about 41GWh of clean energy annually.