The Bank of Montreal (BMO) has donated US$3 million to California-headquartered non-profit GRID Alternatives to support the provision of low-to-no cost solar PV, storage and clean mobility programmes to “underserved families” in the Western US.
The Australian National Electricity Market (NEM) faces reliability issues over the next 10 years as coal plants retire and investment in renewables generation and storage continues to lag, according to the Australian Energy Market Operator (AEMO).
Greek fossil fuels company HELLENiQ has signed a deal to purchase 180MW solar PV portfolio in its home country from the Greek arm of UK-based renewables developer Lightsource.
Colorado-headquartered clean energy platform Peregrine Energy Solutions has secured US$700 million in credit, equity and debt financing to bring its project pipeline online.
Q2 2023 was one of the lowest periods for financial commitments to future renewable energy generation projects in Australia since 2017, according to trade body the Clean Energy Council (CEC).
A new joint venture (JV) between renewables developer Invenergy and Blackstone Infrastructure Partners has closed the purchase of a 1.3GW solar and wind asset portfolio from American Electric Power (AEP).