NextEnergy Capital, the London-based solar energy asset manager, has closed the first round of its fifth investment vehicle, NextPower V ESG (NPV ESG) with US$480 million in investment commitments.
Spanish renewables company Grenergy has secured US$148 million in green financing to complete the development of two solar PV projects in Chile with a combined capacity of around 300MW.
Gyanesh Chaudhary, Vikram Solar’s chairman, tells PV Tech Premium about the company’s first vertical integration and manufacturing facility abroad and how it was driven by the IRA and recent cell capacity wins in India.
A total of 34GW of renewable power could reach commercial operation in the Mid-Atlantic States of the US over the next four years if renewable projects could be brought online at a pace that PJM Interconnection approved projects between 2011 to 2016, according to a recent American Council on Renewable Energy (ACORE) study.
Upstream US-based solar manufacturer CubicPV might feasibly be the place at which tandem perovskite PV products are successfully made durable enough for commercial use; two recent announcements have come out of the company that speak to the potential of its tandem development route.
Independent power producer (IPP) Energix Renewables has secured US$520 million for six utility scale solar projects that are expected to generate 416MW of electricity.
The Environmental Protection Agency (EPA) of the US has launched a US$7 billion competitive grant competition to offer low-income households access to solar energy.