While renewables procurement is more challenging for SMEs with smaller power demands and less energy sector expertise, PPA aggregations offer a solution. Meghan McIntyre of Schneider Electric explores the deal structures for such aggregations and how project developers can benefit from them.
The US government has announced plans to enable states and non-profit entities to apply for US$27 billion in funding, financing projects that can help combat climate change.
Solar tracker manufacturer PV Hardware has planned to build a new solar structure and tracker facility occupying 65,000m2 in an industrial park in Valencia, Spain.
Spain installed 3.7GW of new ground-mounted solar PV capacity in 2022, according to a report from trade association the Spanish Photovoltaic Union (UNEF).
Global renewable energy developer SOWITEC has sold three Mexican solar PV plants totalling 570MW. The projects represent more than half of its 1GW development portfolio in the country.
Israel-headquartered smart energy technology company SolarEdge's yearly net income in 2022 dropped by 45%, despite the total revenue increasing by 58% year-on-year.
The renewable energy arm of power generation group Enel has signed a financing agreement with banking group UniCredit to finance the expansion of a solar panel factory in Catania, Sicily.
Spanish renewable energy provider Iberdrola has secured a €150 million (US$160 million) loan from the European Investment Bank (EIB) to develop 400MW of PV and wind projects in Italy.
