Solar Philippines Nueva Ecija Corporation (SPNEC) is looking to raise capital from a stock rights offering (SRO) and private placements with institutional investors to support the development of 10GW of solar PV.
The US Federal Energy Regulatory Commission (FERC) should make interconnection reform a top priority to reduce the backlog of projects waiting to connect to the country’s grid, a coalition of three clean energy trade associations has said.
Germany is launching an initiative to support the construction of solar projects on agricultural land, in a move the economy ministry estimates could result in the deployment of 200GW of extra PV capacity.
Spanish developer Matrix Renewables has signed a strategic partnership agreement with Spanish renewable energy company Energía Aljaval to co-develop at least 300MW of solar projects in Italy.
US power grid operator PJM Interconnection is progressing with efforts to transition to a new interconnection process as it looks to clear a backlog of projects including more than 136GW of solar capacity.
The California Public Utilities Commission (CPUC) has unanimously approved plans to add more than 25.5GW of renewables and 15GW of storage in the state by 2032 at a cost of US$49 billion.
US utility Duke Energy has committed to exiting coal by 2035 in what it said was “the largest planned coal fleet retirement in the industry” as it also released its financial results for Q4 2021 that outline a US$63 billion five-year capex plan.
Renewables developer Solariant Capital and energy investor Daiwa Energy & Infrastructure (DEI) are collaborating to develop a portfolio of US solar and energy storage projects.
Independent power producer (IPP) Silicon Ranch Corporation has selected engineering and consultancy firm Black & Veatch to build a 125MW solar project in Lee County, southwestern Georgia.
Norwegian renewables company Scatec is to build a 532MW solar PV project in the Brazilian state of Rio Grande do Norte through a US$320 million investment following agreement from state authorities.
