Markets & Finance

A total of 4.7GW of utility-scale solar capacity was installed in Q4 2022 in the US, but the difficulties in sourcing modules caused a delay in installations, according to industry body the American Clean Power Association. 

Solar developer Lightsource bp has signed a power purchase agreement (PPA) with fast food giant McDonald’s for a 145MWac/180MWdc PV project in Louisiana.

Solar manufacturer Trina Solar and Qcells parent Hanwha Solutions have reached a patent licensing and transfer agreement with each other over their respective intellectual property and settled their patent dispute, they said in a joint statement.

The European Commission has approved Romania’s €259 million scheme to support investments in the production, assembly and recycling of batteries, PV cells and solar panels.

Guzman Energy has secured a power purchase agreement with renewable energy producer Sonnedix for a 110MW project in the US. 

Spanish water company Miya has acquired a minority stake in Xfloat, the Israeli floating PV tech developer.

Residential solar installer SunPower has invested in its California sales and marketing division to ensure that as many customers can apply for favourable net energy metering (NEM) 2.0 rates.

Cloud-based software company Salesforce has committed to purchasing 280,000MWh of renewable energy certificates in emerging markets.

Otovo stopped trading on Euronext Growth Oslo on 13 February and moved to the main list on the following day.

The state of New Jersey has announced a set of new clean energy and climate change initiatives, including a commitment to 100% clean energy by 2035.