Independent power producer (IPP) Cypress Creek Renewables has closed a US$125 million debt facility to fund the expansion of its solar and storage pipeline.
Tata Power Solar has landed what it claims to be India’s largest single solar EPC order of 1GW for roughly INR5500 crore (US$715 million) from Indian state-owned utility SJVN Ltd.
German renewables company BayWa r.e. will tender 10TWh of green electricity later this year, describing the move as a “turning point” for Europe’s power purchase agreement (PPA) market.
EDP Renewables (EDPR) added a total of 465MW of wind and solar capacity in Q1 2022, mainly due to its acquisition of Singaporean developer Sunseap, while it recorded a net profit of €66 million (US$69.8 million), up 75% on the previous year.
German conglomerate BayWa benefited from high demand for solar modules during the first quarter of 2022, with its revenues bolstered by the sale of an operational PV plant in the US.
US engineering, procurement and construction (EPC) contractors have shed light on the current challenges they face when sourcing solar modules as the country’s Department of Commerce (DOC) continues a circumvention investigation that could potentially lead to retroactive tariffs of up to 250%.
US utility company NiSource has pushed back the shutdown of some of its coal units owing to delays on the completion of some of its solar PV and co-located projects.
A virtual power plant (VPP) pilot programme in Western Australia that aims to adapt grid management to support greater uptake of rooftop solar has aggregated its first package of residentially generated energy.
