Projects

Soltec, through its subsidiary Powertis, has entered in an agreement with multi-utility group ACEA to co-develop 340MW of solar PV in Italy.

Lithuanian government-owned utility and renewables developer Ignitis Group has acquired a Latvian renewables company which is developing a 200MW wind and solar project in the country.

State-owned Solar Energy Corporation of India has launched a third tender seeking 2,250MW “round-the-clock” renewables energy in India.

The UFLPA could limit solar deployment through 2023 due to module availability constraints, delaying the benefits of the IRA to 2024 and beyond.

Module manufacturer Boviet Solar and US solar developer Origis Energy have increased their module supply agreement to more than 1.1GW.

Independent power producer (IPP) Cypress Creek Renewables has closed a US$216 million financing round for its Zier Solar and Storage project in Texas.

German investment firm Aquila Capital has raised €1 billion in financing to support the development and construction of a 2.6GW renewables pipeline in Spain and Portugal over the next three years.

The European Bank for Reconstruction and Development (EBRD) is providing up to US$100 million in financing to support the development of 150MW of solar in Turkey.

Five of Asia’s biggest economies will exponentially grow their solar capacity in the coming years, according to new analysis from think tank Ember.

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