Markets & Finance

Ib vogt has closed a €135 million (US$160 million) commitment from an institutional investor to help it pursue a global pipeline of solar projects that exceeds 16GW.

Duke Energy Progress’ Integrated Resource Plan, published earlier this week, details how the US utility could turn to as much as 16GW of solar to meet surging any demand and replace retiring coal fleets.

A round-up of the latest news from the US, where DTE Energy plans a major solar expansion, Duke publishes its latest IRP and EDP Renováveis divests a majority stake in 563MW of renewable projects.

Asset management group WiseEnergy has signed a multi-year contract with infrastructure investor Actis for its solar portfolio in India.

Speaking to PV Tech, Huawei’s president of Smart PV Business Guoguang Chen reveals the key details and drivers behind its home energy storage play, slated to launch later this year

The Australian state of Victoria has started a process to test industry interest and capacity for new solar, wind and other renewable energy projects.

Mainstream Renewable Power has reached financial close for the second phase of its 1.3GW Andes Renovables wind and solar power generation platform in Chile.

Major polysilicon and solar wafer producer GCL-Poly has reported a total loss for the first half of 2020 of US$281.8 million, due to a reduction of more than 50% in polysilicon production and record low ASPs (Average Selling Prices) on weak demand.

Indian Railways has revealed plans to install 20GW of solar as it ramps up efforts to become a net-zero carbon emitter before 2030.

Solar project developer Candela Renewables will supply Google with 140MW of power from a facility in Texas as part of a new power purchase agreement.