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Pexapark renewable PPA deal volume.

European offtakers sign deals for 62% less renewable capacity in January

February 25, 2025
Offtakers signed 25 power purchase agreements (PPAs) in Europe in January 2025, for a total of 790MW of electricity generation capacity.
Image: Masdar

Eni named as offtaker in UAE-backed interconnection between Albania and Italy  

February 25, 2025
The tripartite deal between UAE's Masdar, Eni and the Albanian power and grid companies was signed this week in Rome.
A Lightsource bp project.

US adds record 49GW of solar capacity in 2024

February 24, 2025
The US added a record 49GW of new solar capacity in 2024, according to figures from the BCSE and Bloomberg New Energy Finance.
first solar manufacturing

First Solar sells US$850 million 45X manufacturing credits

February 21, 2025
The credits are Section 45X Advanced Manufacturing Production tax credits generated from selling its modules from US manufacturing bases.
Speakers at Solar Media's Energy Storage Summit.

Renewables and co-located storage exist as ‘two business units sharing an address’

February 19, 2025
Renewable energy and battery storage assets are best thought of as 'two business units sharing an address'.
Attendees at the Energy Storage Summit.

Co-location and standalone storage both ‘good hedges’ for renewable power projects

February 18, 2025
Individual market dynamics and appetite for risk play an important role in the effectiveness of co-location as a hedge for renewable assets.
Sunnova in Puerto Rico.

Sunnova to cut 300 jobs amid ‘high interest rates’ and ‘policy uncertainty’

February 18, 2025
Sunnova said the job cuts are part of “an optimisation of its business" and the cuts will save around US$35 million.
Image: Bill Mead via Unsplash

US EPA head wants to recall US$20 billion in clean tech grants

February 17, 2025
Lee Zeldin said the EPA should "reassume responsibility" for funds issued under the Greenhouse Gas Reduction Fund.
Aldevinas Burokas speaking at Solar Finance & Investment Europe 2025.
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As Europe’s solar investment space matures, storage becomes a ‘necessity’

February 14, 2025
“As the market develops, there’s more sophisticated views of the market,” said Aldevinas Burokas at Solar Finance & Investment Europe 2025.
Front side of the United States Capitol building in Washington DC.

IRA domestic content bonus uncertain under Trump government – CEA

February 13, 2025
A report from CEA says that the impact of the new Republican administration on the provisions under the IRA remains “uncertain”.

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