Markets & Finance

Avangrid – the US subsidiary of Spanish utility Iberdrola – has signed a power purchase agreement (PPA) with social media giant Meta for power produced at its True North solar PV project in Falls County, Texas.

The number of residential solar and storage systems installed in Germany increased 52% in 2022 compared with the previous year, whilst three quarters of Germans would consider installing rooftop solar.

The Energy Market Authority (EMA) has granted conditional approval for the transfer of 1GW of clean energy from Cambodia to Singapore as part of the latter’s ongoing energy import strategy.

Brookfield Renewable acquires a 50% stake in renewable developer X-Elio from its joint venture partner and investment firm KKR. 

One of these projects, with a DC capacity of about 13MW, is expected to achieve ready to build status within six months.

Solar and wind installations in the US could account for between 40% and 62% of total electricity generation by 2030, according to a report from the National Renewable Energy Laboratory (NREL).

Huasun’s Himalaya G12 module has announced a certified output of 723.97W, with conversion efficiency reaching 23.3% certified by TÜV SÜD.

The government of New South Wales has announced a call for expressions of interest (EOI) as the initial part of an unprecedented renewable energy tender targeting development on state-owned “crown land”.

Photon Energy Group has closed a €21.9 million non-recourse project refinancing agreement for eight power plants with capacity of 31.5MWp.

US-based solar PV manufacturer SEG Solar has closed the acquisition of a 2GW PV module plant in Houston, Texas.