Spanish utility Iberdrola reported a €12 billion (US$13.6 billion) operating profit in 2021, which was 20% higher than 2020, and met its gross profit forecast for 2022 one year early, as its installed 3.5GW of renewables in 2021.
Major engineering and technology firms Worley, ABB and IBM have signed a memorandum of understanding (MoU) to collaborate on green hydrogen solutions, intending to create an "end-to-end" service for energy companies.
Washington state utility Avista has launched a request for proposals (RFP) for 196MW of winter capacity and 190MW of summer capacity by 2030, with the request also considering storage and demand-side response resources as the utility works to meet the state’s clean energy targets.
India’s Production Linked Incentive (PLI) scheme is expected to add up to 40GW of additional cell and module manufacturing capacity in the country as it operates in tandem with the country’s upcoming Basic Customs Duty (BCD), according to Indian rating agency ICRA, a Moody's Investors Service company.
Renewables investor and developer Econergy has secured more than €200 million (US$227 million) through two joint ventures (JVs) to support the construction of part of its project pipeline in Eastern Europe.
Module manufacturer and energy solutions company Q CELLS has begun selling its new Q.Peak DUO-G10 panel in Europe, which the company said is its “most powerful solar module ever”.
Latin America-focused solar developer Atlas Renewable Energy has secured a BRL406 million (US$76 million) loan from Brazil's BNB development bank for the construction of a 239MW solar PV project.
