Renewable energy investor and asset manager NextEnergy Capital has launched its most recent international solar capital fund, NextPower V ESG (NPV ESG), with a target of US$1.5 billion in capital commitments and a ceiling of US$2 billion.
The US’s blocked solar supply chain combined with the threat of operational modules being damaged by extreme weather could leave project developers and asset owners at risk of revenue loss as replacement equipment becomes hard to source.
Colombian oil company Ecopetrol has selected independent power producer Total Eren for the construction and operation of a 100MWp solar plant in Colombia.
Solar tracker manufacturer Nextracker, a subsidiary of Flex, intends to list on the Nasdaq Global Select Market after having publicly filed a registration statement for a proposed initial public offering of its common stock.
Higher interest rates in the second half of the year slowed down corporate funding in the global solar sector to US$24.1 billion in 2022, according to research from Mercom Capital Group.
Danish renewables developer Ørsted has unveiled plans to build a 471MW solar project in Lamar County, Texas, which the company says will be the largest installation in its portfolio to date.
Trina Solar US has announced that its 6.5GW PV wafer manufacturing facility in Vietnam specifically designated to supply the US market will be online in mid-2023.
Concerns have been raised that the US solar industry’s reputation could be impacted by underperforming assets if investors do not see their return profiles being realised several years down the line.
Canadian renewables firm Westbridge Renewable Energy Company will expand the PV capacity of its Sunnynook solar-plus-storage facility in Alberta, Canada, to 330MWp with an increase in the project area.
The US Department of Energy (DOE) and the National Renewable Energy Laboratory (NREL) have announced a second round of applications for cybersecurity solutions to secure renewable energy assets.
