Renewable energy producer Neoen has begun construction on what it is calling Portugal’s ‘largest’ solar park, a 272MWp facility comprising of two contiguous solar projects. The park is expected to be commissioned in early 2024.
The G7 initiative JETP has agreed to support Vietnam’s green energy transition and mobilise an initial US$15.5 billion of public and private finance over the next three to five years.
BP ventures, the investment platform of bp, has invested A$20 million (US$13.5 million) in Australian renewables company 5B to support the development and implementation of its 5B Maverick solar technology.
Researchers at the Massachusetts Institute of Technology (MIT) have unveiled a new ‘paper-thin’ solar PV cell that can be applied to a variety of surfaces to generate highly integrable, versatile solar energy, they say.
Global solar developer Lightsource bp has firmed up AU$540 million (US$365 million) in green financing to fund the development of two Australian PV projects in Victoria and New South Wales.
Gas company Air Products and energy company AES Corporation have formed a joint venture to build a green hydrogen facility in Texas, the US, powered by 1.4GW solar and wind.
French renewables company Voltalia has successfully raised US$516 million through a capital increase that will help build its new production capacity by 2027.
Amazon has expanded its renewable energy presence in India with two solar-wind hybrid projects to be developed in partnership with Vibrant Energy, a subsidiary of Macquarie Green Investment Group.