Projects

Indian conglomerate Reliance Industries has acquired a 79.4% stake in US PV software developer SenseHawk via a US$32 million investment.

Portugal has already surpassed last year's solar PV deployment figures, with 578MW added up until 31 July 2022, according to data from the Portuguese Directorate General for Energy and Geology (DGEG).

Spanish utility giant Iberdrola has committed to invest between €2-3 billion (US$1.99-2.99 billion) in renewables in Australia.

Greater standardisation of renewable energy projects will be critical to reaching net zero by 2050, according to a joint report by Princeton University and engineering company Worley.

Indian state-owned utility SJVN is planning to develop 5GW of solar, including ground-mount and floating PV systems, in the state of Punjab.

Nearly 1TW of under-development solar and wind generation globally could be constructed in the next three years if permitting is accelerated through open call procedures and a series of fast-track measures.

EPC contractor Shanghai Electric has completed phase B of the fifth phase of the 900MW Mohammed bin Rashid (MBR) Solar Park in Dubai.

Solar developer ib vogt has closed financing on a 135MW solar plant in Poland via a US$90.4 million commitment from German bank BayernLB and Siemens Financial Services.

Naturgy has bought a large-scale hybrid solar-plus-storage project in development in Australia.

US utility Duke Energy has completed the final project in its 10 project PV portfolio in Florida, with a total combined capacity of 700MW.