In recent years the solar industry has seen some of the largest and cheapest contracts awarded in the MENA region. But with concerns over component price and availability, what can the industry expect from the solar sector in the MENA region in the medium-term?
Utility-scale renewables developer Intersect Power has secured US$2.6 billion in financing for the construction and operations of a portfolio of solar and energy storage projects in California and Texas.
Solar investor and asset manager NextEnergy Capital Group (NEC) is said to be looking to sell a portfolio of solar projects in Italy for more than €400 million (US$453 million), according to Reuters.
Investment company AtlasInvest has backed a new renewables development platform that is aiming to deliver 2.7GW of projects across Europe by the end of next year.
Global solar PV installations are to growth 20% in 2022, surpassing the 200GWdc mark for the first time, despite high capex costs, according to a new report by the Clean Energy Technology service at IHS Markit
China has revealed its initial subsidy limits for existing renewables projects in 2022, however it remains to be seen whether the funding is to be topped up.
US solar installer SunPower has launched its ConnectedSolutions virtual power plant (VPP), enabling SunVault battery energy storage system (BESS) customers in Massachusetts, Rhode Island and Connecticut to earn “hundreds of dollars a year” for allowing utility access to their stored energy during peak demand
UK investment and asset management firm Low Carbon and US insurance company Massachusetts Mutual Life (MassMutual) have teamed up to build a global independent power producer (IPP) that has a stated target of 20GW of renewables by 2030.
