Policy

Data released this week by American Clean Power Association (ACP) showed that, since mid-2022, US$500 billion of investment has been planned for clean energy production and generation projects in the US.

Romania’s Ministry of Energy has approved the Contracts for Difference (CfD) which seeks to attract 5GW of solar PV and wind capacity by the end of 2025.

The US Department of Energy (DOE) has invested US$2.2 billion in the grid across eight projects covering 18 states.

ARENA has committed over AUS$3.2 million in funding to PV Lighthouse and Built Robotics Australia to help develop ultra-low-cost solar.

The EPRA aims to accelerate the permitting process for critical energy and mineral projects of all types and transmission lines in the US.

The “American Tax Dollars for American Solar Manufacturing Act” was introduced yesterday by a bipartisan group of senators.

The tender will seek ground-mounted solar PV projects and onshore wind capacity, though the Commission has yet to announce the tendered capacity.

Solar PV accounted for 90% of all renewables that received an Administrative Construction Authorisation (AAC in Spanish).

The flagship development is the Esmerelda 7 solar and battery energy storage system (BESS) project, which comprises seven utility-scale solar facilities with a combined 5.35GW of generation capacity.

Crux said that the tax credit transferability market has “outpaced expectations” from when the Department of Treasury released guidance on the scheme in June 2023.