Americas

AES Indiana, a subsidiary of US utility AES Corporation, has started commercial operations at a 250MW solar-plus-storage plant in Pike County, Indiana, US.

The US Treasury’s interim Foreign Entity of Concern (FEOC) guidance is “in line with expectations” according to a US renewable energy supply analyst.

US solar EPC SOLV Energy has issued its initial public offering (IPO) on the Nasdaq Global Select Market, priced at US$25 per share.

Spanish independent power producer Grenergy has closed a US$355 million senior non-recourse financing agreement for its Central Oasis solar-plus-storage platform in Chile.

Greenbacker has raised US$440 million in finance to support the development of the 674MW Cider solar project in the US state of New York.

The National Laboratory of the Rockies (NLR), previously known as the National Renewable Energy Lab, has laid off 134 employees.

FinDev Canada has announced a US$56 million loan to support the development of project Illa, which will be the largest in Peru.

Boviet Solar has affirmed its commitment to US solar PV manufacturing despite plans by its parent company to divest its ownership.

The US federal government has withdrawn its appeal against a US Court of International Trade (CIT) ruling to retroactively collect two years of tariffs on imported solar panels.

Global electricity demand is set to grow 2.5 times as fast as overall energy demand by 2030, ushering in what the International Energy Agency (IEA) has dubbed the “Age of Electricity”.