The Philippines looks set to significantly ramp up its solar deployment, according to Fitch Solutions, which has revised up its forecasts for the country’s non-hydro renewables sector in line with a rapidly-expanding project pipeline and growing regulatory support.
Renewables developer Engie North America has bolstered its pipeline of solar and storage projects in the US by acquiring French developer Photosol’s US operations.
German investment firm Aquila Capital and South Korean renewable developer TopInfra have established a joint venture (JV) to develop solar PV, wind and battery energy storage system (BESS) projects in South Korea.
Large-scale solar deployment in Australia jumped 38% year-on-year in 2021 as its three largest PV plants were commissioned, but financial commitments for new renewables projects in the country fell, according to a new report.
Solar project sites with meaningful terrain variance are becoming the norm. Nextracker’s latest innovation in single-axis tracking mitigates the cost and schedule risk associated with deploying projects on challenging terrain.
Portugal’s first floating solar auction closed with a world record-low price, with utilities EDP and Endesa among the winning bidders, the country’s environment ministry has announced.
IKEA owner Ingka Group has invested €340 million (US$370.84 million) in 440MW of solar PV projects in Germany and Spain, to be built by developer Enerparc.
More than 90% of respondents to a Solar Energy Industries Association (SEIA) survey said that the US Department of Commerce’s (DOC) decision to investigate alleged circumvention of antidumping and countervailing duties (AD/CVD) is having a “severe or devastating impact” on their business.
Spanish solar developer Grenergy has issued €52.5 million (US$57.55 million) of green bonds to help the company finance a pipeline of projects, including a 1GW portfolio in Colombia.
