Saudi Arabian developer ACWA Power has signed a US$125 million facility that will serve as a funding source to support the growth of its green energy portfolio.
A round-up of the latest solar industry news from around the world, as Yingli and JA Solar secure module supply deals, Keppel acquires a stake in a 500MW project and Mytilineos expands in Australia and Spain.
Global reliance on auctions is thwarting the growth of renewables and failing to provide fair access to the market for small-scale industry players, new research suggests.
Construction work on the 2GW Al Dhafra solar project in Abu Dhabi is set to begin as the consortium behind the development announces it has reached financial closing.
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.
