The ADB has signed a transaction advisory service mandate with utility Électricité du Cambodge to support the development of 2GW of solar power in Cambodia.
EE North America, a subsidiary of Danish renewables developer European Energy, will develop a 2GW pipeline of solar power and energy storage in Arizona and surrounding states. The pipeline is part of an agreed partnership with Elio Energy, a utility-scale renewables developer, and is expected to commence construction between 2023-25.
Rezolv Energy, backed by sustainable infrastructure investor Actis, has acquired rights to a 1,044MW PV plant in western Romania. Actis has said the project is “expected to be the largest solar PV plant in Europe”.
Home to some of the world’s highest solar irradiation levels and urgently in need of homegrown energy resources, Chile has established itself as a key PV market in Latin America. Jonathan Touriño Jacobo looks at that rise and asks what we can expect to see next for the country.
NextEra Energy has reported better-than-expected financial results for Q3 2022 despite the damage wrought by hurricane Ian as it continued to buildout its renewable energy pipeline and seeks to take advantage of the Inflation Reduction Act (IRA).
French utility giant Engie has acquired 6GW of solar and battery storage projects from Belltown Power in the US, continuing to strengthen the group’s project pipeline across the country.
Australia’s recently elected Labor government has revealed the country’s federal budget for the next four years, which includes roughly AU$25 billion (US$16.02 billion) in clean energy investments.
The world installed around 174GW of solar PV in 2021, a 20% jump on the previous year, and is expected to deploy 260GW this year, barring any major disruptions to international trade.
