Markets & Finance

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.

Large-scale renewable energy developer Intersect Power has secured a revolving credit facility to the tune of US$800 million to support the deployment of its solar, energy storage and wind asset pipeline.

The government of the Australian Capital Territory has announced an initiative to fund the adoption of rooftop solar PV within its borders.