Markets & Finance

The Department of Energy has launched a US$500 million programme that will install clean energy projects on mine lands across the US.

The World Bank has approved US$165 million in additional financing to support 450MW of rooftop solar deployment in India and make distributed generation systems in the country more affordable.

Net meting for rooftop PV is ending in Indiana through a policy change that critics have warned will make solar uneconomic for most families and businesses in the US state.

Shell Overseas Investments and renewable energy company Emerging Power Inc. (EPI) have agreed to jointly develop, own, operate and maintain 1GW of utility-scale solar PV in the Philippines by 2028.

S&P Global Commodity Insights has partnered with renewables advisory firm Pexapark to create a new power purchase agreement (PPA) benchmark.

Norwegian energy data and intelligence company TGS has acquired renewable energy asset and real-time data manager Prediktor.

Hanwha Qcells’ power plant division Q ENERGY Europe has teamed up with newly rebranded Q ENERGY France to establish umbrella company Q ENERGY Solutions SE as it seeks to deepen its ties to the European market where it has a 12GW development portfolio.

Off-grid pay-as-you-go solar provider Bboxx has partnered with telecommunications company Orange to launch a new solar mini-grid project to help accelerate clean energy access for households across the Democratic Republic of Congo (DRC).

Energy management software company Cleartrace has secured US$20 million in a financing round to accelerate the growth of its platform.