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finance
How solar projects are tackling power market challenges
September 27, 2024
Reducing volatility impacts, managing cannibalisation and investing in grids will help solar energy cement its role in global energy systems.
SMA Solar to complete ‘restructuring’, with job cuts ‘likely’
September 26, 2024
SMA Solar has announced plans to conduct a 'company-wide restructuring' due to the impacts of what it calls a 'volatile' market environment.
Premium
Better Energy on the importance of timing and finance in PV project commissioning
September 26, 2024
Last week, Better Energy postponed the deployment of a 3GW solar PV portfolio in Denmark, blaming “lagging” demand for renewable power.
IRENA: Solar LCOE falls 12% year-on-year, 90% since 2010
September 26, 2024
The global weighted average LCOE of utility-scale PV plants fell to US$0.044/kWh in 2023, a 12% year-on-year decline from 2022.
Macquarie Group to acquire stake in D.E. Shaw Renewable Investments for US$1.73 billion
September 25, 2024
Australian investment bank Macquarie Asset Management (MAM) is set to invest up to US$1.73 billion to acquire a significant minority stake in US independent power producer D.E. Shaw Renewable Investments (DESRI).
Nasdaq moves to delist Maxeon following low stock prices
September 23, 2024
The Nasdaq Stock Market has moved to delist Maxeon from its global select market following the fall of its share price below US$0.10.
Australia to open the first round of Quad’s AU$50 million clean energy supply chain initiative
September 23, 2024
Australia has confirmed that the first round of the Quad Clean Energy Supply Chains Diversification Program will open in November 2024.
BNZ secures €166 million EIB loan for 700MW of European solar capacity
September 20, 2024
BNZ has secured a €166 million (US$185.4 million) loan from the European Investment Bank (EIB) for 700MW of new solar capacity in Europe.
Better Energy delays 3GW Danish PV portfolio, blames ‘lagging’ demand
September 19, 2024
One of the “market signals” the company cited is an increase in negative electricity prices across Europe, as supply exceeds demand.
Arevon bags another US$351 million for Indiana PV expansion
September 18, 2024
Arevon started construction at the 251MW project, located in Gibson County, last month. It will sell the project to NIPSCO once completed.
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