finance

The world is entering an ‘electricity-led era’, with solar PV set to become the globe’s largest electricity generation technology by 2032, according to Bloomberg New Energy Finance (BloombergNEF).

Developers of co-located solar-plus-storage projects need to ensure their projects are designed to ‘solve’ the challenges faced by offtakers.

Price is the main barrier to PPAs being transacted in the UK market today, a panel at the Renewable Procurement and Revenue Summit said.

The US$300 million North Star platform will target investments across solar, wind, hybrid and energy storage projects. 

NextEra Energy and Dominion Energy have confirmed that they will combine, forming the largest regulated power utility company in the world.

ACEN Australia has revealed an 87% year-on-year increase in generation output for the first quarter of 2026, reaching 528GWh.

While CfDs are the most attractive route to market in UK solar, EDF's Ross Irvine says that there are opportunities for corporate PPAs.

MN8 Energy has raised US$300 million to extend a corporate credit facility that will build out its pipeline of US solar and storage projects.

Nextpower is set to acquire the power conversion assets of Spain-based Zigor Corporation and its US subsidiary, Apex Power.

Australia will return AU$1.3 billion in uncommitted funding from clean energy manufacturing programmes as part of broader budget savings.