Tyr Energy Development Renewables (TED), a US-based renewable energy subsidiary of Japanese “sogo shosha” trading company Itochu corporation, has completed development of 333MW worth of solar PV in the US.
Independent power producer (IPP) Sonnedix has secured a €260 million (US$279 million) green loan to finance the acquisition and construction of renewable energy projects in Italy.
An increase in shipping times and freight rates due to violence in the Red Sea could carry implications for renewable energy and solar products heading to Europe and the US.