Norwegian renewables company Scatec is to build a 532MW solar PV project in the Brazilian state of Rio Grande do Norte through a US$320 million investment following agreement from state authorities.
Indian state-run hydropower company SJVN is planning to deploy 10GW of solar PV in Rajasthan over the next five years through a INR50,000 crore (US$6.7 billion) investment.
Indian utility Tata Power will aim to take advantage of policy support from India’s government as it sets up new cell and module manufacturing capacity in the country.
Energy market turmoil in Europe at the end of last year is causing a fundamental change in the power purchase agreement (PPA) market as volatility spikes reach 250% and throw into question the viability of long term PPAs.
AES Corporation has contracted its subsidiary Fluence to onboard 1.1GW of solar and storage assets to its energy trading and bidding platform as it looks to optimise its US operations.
Engineering, procurement and construction (EPC) contractor INTEC Energy Solutions is partnering with PV project developer Chint Solar to build a 328MWp solar portfolio in Denmark.
Swiss fund manager SUSI Partners, through its Energy Transition Fund (SETF), has launched a solar PV development platform in Italy that aims to deploy 500MW of utility-scale solar PV after identifying Italy as a key growth market.
Community solar deployment in the US is set to be boosted by support programmes and clean energy commitments from state governments, according to Wood Mackenzie, which has increased its install projections in spite of interconnection challenges facing the segment.
Microinverter supplier Enphase Energy has posted strong Q4 2021 results that saw strong revenue growth following high demand for its IQ microinverters and a 53% jump in orders of its IQ batteries, compared with Q3 2021, despite supply chain constraints
Energy major Shell and Brazilian steel company Gerdau have penned a 50-50 joint venture (JV) agreement for the development, construction and operation of a 260MWp solar PV project in the solar hotbed state of Minas Gerais.
