finance

Investment in clean energy and grids will reach US$2.2 trillion in 2025, double the expected investment into fossil fuels this year, according to data from the International Energy Agency (IEA).

Tariffs on US imports will increase the cost of US solar PV and energy storage technologies and slow the rate of project development, according to analysis from Wood Mackenzie.

A joint venture featuring global oil major bp will begin construction on a 240MW solar PV project in Azerbaijan.

The US Department of Energy budget proposal promises to remove funding for solar and wind energy and expand support for nuclear weapons.

Companies delayed or cancelled US$14 billion in investments in clean energy projects in the US in the first four months of this year.

Arevon Energy has finalised US$98 million in tax equity financing for a 265MW portfolio currently under construction in Indiana.

QIC, one of Australia’s largest infrastructure fund managers, has completed an AU$2 billion refinancing and equity raise for Pacific Energy.

The US House of Representatives has passed a bill slashing tax credit provisions for clean energy projects.

The PPA is a 'cornerstone' of the European renewables space, according to speakers at Solar Media's Renewables Procurement & Revenue Summit.

SMA Solar will begin local assembly of power systems for large-scale solar and energy storage systems in the US.