Markets & Finance

Voltalia has signed a corporate power purchase agreement with mining company Richard Bay Minerals, subsidiary of Rio Tinto, in South Africa.

Portuguese utility EDP Renewables (EDPR) has completed the acquisition of a 70% stake in German solar developer Kronos Solar Projects.

The US Department of the Treasury and the Internal Revenue Service (IRS) have requested stakeholder input on the climate and clean energy tax incentives included in the country’s Inflation Reduction Act (IRA).

Waaree Energies has raised US$120 million from investors to expand its module and cell production capacity in India.

Around 35GW of PV manufacturing in Europe is at risk of being mothballed as elevated power prices damage the continent’s efforts to build a solar supply chain, research from Rystad Energy suggests.

Canadian energy company Suncor Energy has reached an agreement to sell its solar and wind assets to Canadian Utilities, an ATCO subsidiary, for C$730 million (US$535 million).

The US Department of Energy (DOE) has announced the winners of its American-Made Solar Prize Round 5, which is a multimillion dollar competition designed to advance hardware and software solar technologies.

German developer Belectric has signed an EPC contract with independent power producer Enlight for Israel's “largest” repowering solar project.

Bruce Huber, CEO at Alexa Capital, explores how high levels of inflation impacts solar PV project revenues and costs.

Anglo American and EDF Renewables have partnered to form a new jointly owned company, Envusa Energy, to develop renewables projects in South Africa.