Markets & Finance

EnergyCo has shortlisted three consortia to build and operate the transmission network for the New England Renewable Energy Zone (REZ).

Members of the European Parliament are urging the European Commission to restrict Chinese solar inverter manufacturers’ access to the bloc’s energy infrastructure, due to cybersecurity concerns.

Apple has signed a power purchase agreement (PPA) with Danish developer European Energy for renewable electricity from the 108MW Lancaster solar park in Victoria, Australia.

Australian energy retailer Flow Power has secured an offtake agreement from the 400MW Stubbo Solar project in New South Wales to underpin the launch of its Flow Home residential energy service in the state.

South Africa aims to add 28.7GW of new solar PV generation capacity by 2039, and generate over half of its electricity with renewables by 2042.

The Spanish government has approved a royal decree aimed at strengthening the power grid's resilience, robustness and stability in response to the nationwide blackout in April.

GCL Intelligent Energy, a subsidiary of Chinese polysilicon producer GCL Technology, has signed shareholder agreements for two clean energy projects in Indonesia with a combined capacity of 200MW.

Average renewable energy PPA deal price fell marginally to €46.37/MWh (US$53.36/MWh) in Europe in the last week of October, per Pexapark.

The Australia government will require energy retailers to provide free solar electricity to households during peak daytime generation periods.

IPP ContourGlobal has closed its first renewable energy project financing in the US, as it continues to expand its presence in the country.