US-based clean energy company Avangrid has signed a memorandum of understanding (MOU) with the Navajo Tribal Utility Authority (NTUA) with a view to developing 1GW of solar, wind and energy storage assets.
US utility Dominion Energy Virginia has received approval from the Virginia State Corporation Commission (SCC) for two dozen of new solar and energy storage projects.
UAE state-owned renewable energy developer Masdar has acquired a 50% stake in a 128MW/160MWh solar-plus-storage project from EDF Renewables North America.
UK-based energy group Octopus Energy has made its first steps in the Asian renewables market with an investment in Japanese solar developer Yotsuya Capital.
US solar and wind developer Duke Energy Renewables has received a US$90 million tax equity investment from financial holding company CapitalOne towards the 120MW Jackpot solar PV project in Idaho.
While solar has been the backbone of Japan’s renewable energy push, deployment has been stalling in recent years. Chris Wilkinson of Rystad Energy details the benefits of the country’s feed-in premium scheme, the potential for corporate PPAs and the importance of battery storage.