A round-up of the latest projects news, including Mitsui investing in ReNew Power’s ‘round the clock’ (RTC) project in India, Canadian Solar selling a solar plus storage project and JinkoSolar delivering 500,000 bifacial modules to a Greek project.
Japanese investment firm Mitsui has invested €575 million (US$631.56 million) in common shares from renewable developer Mainstream Renewable Power, bringing its valuation to €2.1 billion after the transaction.
Australian mining magnate Andrew Forrest’s Squadron Energy will invest AU$3 billion (US$2.16 billion) in wind, solar and battery storage project in Central Queensland, Australia.
Microinverter supplier Enphase Energy has posted strong Q4 2021 results that saw strong revenue growth following high demand for its IQ microinverters and a 53% jump in orders of its IQ batteries, compared with Q3 2021, despite supply chain constraints
Reliance Industries has signed a Memorandum of Understanding (MoU) with the government of Gujarat for a total investment of INR5.955 lakh crore (US$80 billion) over 10-15 years to establish 100GW of renewables and set up green technology manufacturing facilities in the state.
Impax Asset Management is collaborating with clean energy financial technology provider Bullfinch Asset to invest in distributed solar generation in Germany.
Solar PV power generation in Vietnam could about to be maximised through the integration of battery energy storage systems (BESS), with consultancy AqualisBraemar LOC Group (ABL Group) hired to conduct feasibility studies across multiple PV plants following curtailment issues in the country.
Platte River Power Authority has issued a request for proposals (RFP) to obtain up to 250MW of new solar PV generating capacity that could begin producing energy by 2025
The installed cost of solar PV, solar-plus-storage and standalone battery energy storage in the US was reduced across all market segments between 2020 and 2021, with the biggest drop seen in the utility-scale segment.
