South-Korean renewable energy developer SK D&D has signed a shareholders agreement with Glennmont Partners to establish a joint venture (JV) investing in solar PV projects in South Korea. The news follows the MOU signed in June this year.
Green Hydrogen company Fusion Fuel has penned an agreement with energy infrastructure developer Electus Energy to build a 75MW green hydrogen plant in Bakersfield, California.
In the span of two and a half years, commercial solar has doubled its installed capacity from 9.8GW at the end of 2019 to 19GW of solar PV until June 2022.
Solar PV generation in the US during the first nine months of the year jumped 26.1% year-on-year according to the country’s Energy Information Administration (EIA) latest report.
Texas-headquartered developer Leeward Renewable Energy has closed financing for 296MW worth of solar PV projects in Ohio and North Carolina, adding to its 24-strong portfolio of renewable energy installations across the US.
Trina Solar, the Chinese-headquartered solar PV manufacturer, has partnered with renewables developer GP Joule to complete a 170MW solar park in Germany.
Solar installations in India were up 35% year-on-year (YoY) in Q1-3 2022, but the average system cost went increased 7.5% for the same period, according to consultancy Mercom Capital Group.
IDB Invest and South American financial group Bancolombia will provide developer Solarpack with a COP656 billion (US$133 million) loan to support the development of two solar PV projects in Colombia.
Finnish investment company Korkia has funded a partnership with Greek developers GH Energy and AA Sunshine to develop solar power parks in mainland Greece and Crete.
