Global capital investment on renewables is expected to return to pre-pandemic levels in 2021, with solar PV set to account for the majority of clean energy capacity additions in the next five years, according to IHS Markit Energy Advisory Service.
Annual global investments in green hydrogen are on track to exceed US$1 billion by 2023 as production costs fall and governments increase their support for the technology.
Solar O&M solutions provider Ecoppia has launched an initial public offering (IPO) after securing more than US$82.5 million through a public tender phase.
Independent power producer (IPP) Amarenco Group has secured €150 million (US$176.8 million) in funding as it looks to ramp up solar project development in Europe and Asia.
A round-up of the latest news in solar project development worldwide, featuring news from EDF Renewables, Hive Energy, Sterling and Wilson and Disneyland Paris, of all places.
Scatec Solar has struck a US$1.1 billion deal to acquire leading hydropower developer SN Power, touting the potential for floating solar on hydro reservoirs.
Driven by increased investor interest and a growing project pipeline, utility-scale floating solar installations are set to take off globally over the next few years, a report from Fitch Solutions says.