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US utility AES Corporation is reportedly in discussions to be acquired by Global Infrastructure Partners (GIP), a subsidiary of global asset owning giant BlackRock.

TotalEnergies has expanded its renewables assets in the Caribbean, sold a stake in projects in Portugal and begun construction on two PV parks in Spain.

US energy utility AES has signed two long-term power purchase agreements (PPAs) with technology giant Meta for two solar PV projects in the US states of Texas and Kansas.

New York state has issued its final siting permit for AES’ 125MW Somerset solar project, to be built on former industrial land.

Utility AES Andes has started commercial operation on a 211MW solar PV and 130MW BESS project in Antofagasta, Chile.

Arevon said that the transaction made use of the Inflation Reduction Act’s (IRA) tax credit transferability scheme.

US energy utility AES has posted an improved financial results for 2023 as it narrowed its yearly losses to US$182 million.

Global corporate PPA volumes for solar and wind increased to a record of 46GW in 2023 driven by substantial growth in EMEA.

AES Dominicana has raised US$368 million in a loan facility that will be used to finance renewable energy projects in the Dominican Republic.

Spanish developer TSK has been selected by US utility AES to develop 180MW of solar PV plants in the Dominican Republic.