The State Bank of India (SBI) has partnered with Tata Power Solar Systems to establish a financing agency for commercial and residential solar projects up to 1MW.
A record 31.1GW of clean energy was bought by corporations through power purchase agreements (PPAs) last year, with technology companies once again the largest buyers, according to research firm BloombergNEF (BNEF).
US energy company Con Edison is seeking new electric and gas rates in 2023 to fund clean energy investments, in a proposal that includes a 200MW solar PV plant and four battery energy storage system (BESS) projects.
Solar investor NextEnergy Capital (NEC) has raised US$896 million in its latest fundraising round that is targeting 2.5GW of final installed capacity in OECD countries, such as the US, Portugal, Spain, Chile and Poland.
French renewables developer and power producer Voltalia saw its annual electricity production reach a record high last year, with the company boosted by a 25% rise in installed solar capacity.
With the sixth auction round of South Africa’s REIPPP on the horizon and new opportunities for distributed PV opening up, Alice Grundy explores the remaining barriers to solar deployment in the country.
Greek industrial group Mytilineos said its renewables and storage unit continues with “full speed” to invest in solar and battery energy storage systems globally following a 2021 that saw the business expand its PV engineering, procurement and construction (EPC) operations.
Hecate Energy’s first stage application for a 500MW solar PV plant in the state of New York has been accepted by the newly formed New York State Office of Renewable Energy Siting (ORES).
Italian asset manager Green Arrow Capital (GAC) has signed a framework agreement with Spanish solar company Progressum Energy Developments (PED) to acquire 508MW of ready-to-build solar PV projects in Spain in a deal worth over €400 million (US$446 million).
