Nearly two-thirds of US generating capacity additions in the next three years will be fulfilled by solar, with the technology’s share of power generation in the country set to almost double, according to a report from the Federal Energy Regulatory Commission (FERC).
Renewables investor Cubico Sustainable Investments (Cubico) has signed an agreement with energy solutions platform ZEG Energias Renováveis (ZEG) to acquire a developing solar PV project in Brazil.
Solar tracker manufacturer Soltec has signed a financing agreement with real assets investment advisory firm Incus Capital to fund its renewable asset management and exploitation business Soltec Asset Management.
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.
