Americas

The US Department of Energy (DOE) will commit US$475 million in funding for five clean energy projects at mine sites across the US.

With solar a global industry, perhaps a global approach is the best way to ensure a more consistent supply of funding.

UAE state-owned renewable energy developer Masdar has acquired a 50% stake in US IPP Terra-Gen from Energy Capital Partners.

Spanish utility Iberdrola has planned to invest €15.5 billion (US$17 billion) in renewables by 2026 and commission 6GW of solar PV and onshore wind by 2027.

Global investor KKR has acquired a majority stake in US-based solar and energy storage developer Avantus.

The Solar Energy Manufacturers for America (SEMA) Coalition has called for a “strengthening [of] the domestic supply chain”.

Chinese companies supplied half of US PV modules in 2023, but Indian imports are growing as restrictions on Chinese products tighten.

Charles Boynton will start his new position in Nextracker in May and lead Nextracker’s global finance and accounting organisation.

US independent power producer (IPP) Enfinity Global has sold a minority stake in a 400MW US solar PV portfolio to Japanese utility Kysuhu Electric.

Arizona utility Salt River Project (SRP) and renewables developer NextEra Energy Resources have commissioned a 260MW solar-plus-storage project in Buckeye, Arizona, US.