Markets & Finance

NovaSource Power Services has acquired First Solar’s Australian operations and maintenance (O&M) business, adding approximately 500MW of PV projects to its fleet in the process.

The government of India has released guidelines on the second round of its Production Linked Incentive (PLI) scheme designed to develop greater domestic PV production and slash the country’s reliance on imports.

The Australian state of New South Wales (NSW) has opened its first tender for renewable energy and long duration storage.

Heterojunction cell and module manufacturer Meyer Burger is planning to raise funds to accelerate its expansion as it enters the utility-scale segment.

Romanian oil company OMV Petrom and state-owned utility Complexul Energetic Oltenia (CE Oltenia) will build 450MW of solar PV in Romania.

Australia’s Renewable Energy Agency (ARENA) has launched a AUS$43 million (US$27.7 million) Industrial Energy Transformation Studies Program aimed at identifying opportunities to reduce energy costs and emissions in the country’s industrial sector.

RWE has signed a purchase agreement with Con Edison to acquire all shares of its renewable energy subsidiaries, Con Edison Clean Energy Businesses.

PV module producer Solaria Corporation will merge with solar services provider Complete Solar, the US companies announced today.

Residential solar systems in the US continue to grow in size at the same time as battery attachment rates increase, according to LBNL.

European Union countries will introduce a revenue cap on operational solar PV plants as part of a package of emergency measures approved today.