Markets & Finance

IPP Cero Generation and developer Enso Energy have reached financial close on a 360MW solar-plus-storage portfolio of projects in the UK.

Planning uncertainty and policy instability regarding renewables in Queensland have seen it slip in investment attractiveness, with New South Wales now leading Australia.

The New South Wales government has announced AU$26.2 million in funding for several Australian solar PV and battery initiatives.

Australia’s Department of Climate Change, Energy, the Environment and Water (DCCEEW) has announced plans to run four new Capacity Investment Scheme (CIS) tenders by the end of 2025.

Poland has awarded 1.6GW of solar PV in this year’s renewable energy auction, according to the country’s Energy Regulatory Office.

Malaysian utility company Tenaga Nasional Berhad has officially launched a floating solar pilot project, which could help unlock 2.2GW of generation capacity.

Elements Green has secured €80 million (US$93.5 million) in financing from Danish investment firm Copenhagen Infrastructure Partners (CIP).

Solar and storage developer MN8 Energy has raised US$575 million to refinance three PV projects in North Carolina, Kentucky and Illinois.

OpenSolar has launched a new model to help US rooftop solar installers reduce costs and thrive despite the loss of the 30% IRA tax credit.

Analyst Wood Mackenzie has forecast that solar PV and wind installations in the US will be 100GW lower than expected between 2025 and 2030 with the removal of Inflation Reduction Act (IRA) incentives.