Canadian investor Ontario Teachers’ Pension Plan Board has signed an agreement to invest US$805 million in a convertible equity portfolio financing with NextEra Energy Partners to help it acquire a 2GW portfolio of solar, storage and wind assets across the US.
Energy trader Axpo has expanded its solar ambitions in Switzerland with the development of 1.2GW of solar PV by 2030 in the Alps and residential areas.
The North American subsidiary of utility Enel has launched a clean energy retail initiative in selected US states, beginning with Texas, to allow its commercial and industrial (C&I) customers to purchase renewable energy directly without entering into a power purchase agreement (PPA).
With numerous markets reporting problems with overly optimistic P50 estimates, attention has also been drawn to similar issues with PAN files. TÜV Rheinland’s Yating Zhang and Christos Monokroussos discuss the subject at length.
Prescinto, a renewable energy asset performance management (APM) platform, has entered into a partnership with Greek solar developer SunSolarWind IKE to apply its APM software to 70MW of solar PV projects.
UAE-owned renewable energy company Masdar has signed a joint development agreement with state utility Turkmenenergo to develop 100MW solar PV plant in Turkmenistan.
Canada-based greenhouse gas emissions reduction company CarbonAI has signed a memorandum of understanding (MOU) with the Rural Electrification Agency (REA) of Nigeria to develop small-scale rural solar projects across the country.