Americas

Canada will introduce tax credits, incentives and investment for developing and manufacturing solar PV, energy storage and other renewable energy technologies in an Inflation Reduction Act-style scheme.

US solar developer Swift Current Energy has started construction on its 800MWdc ‘Double Black Diamond’ solar PV project in central Illinois.

The company said the Helios Guamo and Helios Lanceros projects — both of them having the capacity of 19.9MWac — will reach the ready to build status by the third quarter this year.

The combined value of five industrial projects in Vermont was US$5.1 million.

Missouri-based solar developer Birch Creek Energy has acquired DC-based greenfield developer Foundations Solar Partners from equity firm Hull Street Energy.

Based on a multi-year agreement, Nextracker will supply trackers for projects in Texas, Arizona, and Virginia.

Solar developer Emeren, formerly known as ReneSola Power, has targeted to reach a 4GW pipeline of solar and storage projects by the end of 2023.

Solar O&M solutions provider Ecoppia has agreed to deploy robotic models at PV sites developed by Matrix Renewables. 

IRENA believed that yearly investments must more than quadruple to over US$5 trillion to stay on the 1.5°C pathway.

Chinese state-owned energy company PowerChina has invested in a new solar PV plant with a 343MW capacity in Brazil.