Americas

Verano Energy started construction on a 200MW solar park in Argentina, while YPF Luz will use a new tax regime (dubbed RIGI) on a 305MW PV plant in Mendoza.

The whole of the Fortune 500 is looking into clean energy tax credit transferability deals, according to tax credit investment banking firm Foss & Company.

This is the first of a six solar PV park portfolio, from US energy company DTE Energy, which has a combined capacity of 800MW.

The site has deployed US thin-film cadmium telluride (CdTe) module manufacturer First Solar’s Series 7 modules.

Oil and gas major bp has officially acquired solar PV developer Lightsource bp, securing the remaining 50.03% interest in the company.

Pine Gate Renewables and Enfinity Global have secured financing, and ENGIE has signed a power purchase agreement (PPA) with Google.

Solar PV in Chile is facing a twofold issue: the curtailment of generation and the reduction of income due to low prices of electricity.

The US Treasury has finalised its rules for the 45X Advanced Manufacturing Production Tax Credit under the Inflation Reduction Act.

US utility NextEra Energy Partners has planned to have a renewables and energy storage portfolio of 81GW by 2027.

Fierce competition and the emergence of technologies such as TOPCon have led to an uptick in the prevalence of patent infringement lawsuits between PV companies. Tom Kenning reports.