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Dominion Energy's Seabrook solar project in South Carolina. Image: Dominion Energy

US developer energyRe bags US$240 million for 108MW/198MWh solar-plus-storage project

April 30, 2024
US renewables developer energyRe has secured a total of US$240 million to finance the 108MWdc/198MWh Lone Star solar-plus-storage project in South Carolina.
Utility-scale solar PV plant showing modules up far away

Lightsource bp secures €315 million to build 560MWp project in Greece

April 29, 2024
Solar developer Lightsource bp has secured €315.34 million (US$337.5 million) for a 560MWp solar PV project in Greece.
Image: SunPower.

Sunpower to cut 1,000 jobs, admits misstatements in financial results for 2022

April 24, 2024
SunPower will reduce workforce and close business segments as the latest steps to simplify business structure and lower costs.
Image: Iberdrola

Iberdrola Q1 profits and EBITDA rise, plans expanded investment in 2024

April 24, 2024
Spanish utility Iberdrola posted increased profits and earnings before interest, taxes, depreciation and amortisation (EBITDA) in Q1 2024.
NextEra Energy's Sunshine Gateway solar project in Florida. Credit: NextEra Energy

NextEra net income up 8.7% in Q1 2024, subsidiaries’ performances vary

April 23, 2024
US renewables developer NextEra Energy has posted an improved financial results for the first quarter of 2024, with net income increasing by 8.7%.
A large-scale solar PV plant in New South Wales, Australia. Image: RWE.

Australia to launch ‘largest ever’ 6GW renewables tender in May

April 22, 2024
The Australian government will launch a 6GW renewable energy tender next month under its expanded Capacity Investment Scheme (CIS).
Image: Meyer Burger.

IEA PVPS report: Low module prices keep solar competitive as overcapacity persists

April 22, 2024
Low solar module prices kept solar PV competitive in the energy market in 2023 despite generally falling electricity prices.
Image: Stellantis/360Energy

Stellantis buys US$100 million stake in Argentinian 360Energy Solar

April 19, 2024
Automotive manufacturer Stellantis has acquired a minority stake in Argentinian renewable energy company 360Energy Solar.
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EIB loans €150 million for Bhutan solar and hydro projects

April 19, 2024
The European Investment Bank (EIB) has signed a €150 million (US$159 million) loan to support the development of solar PV and hydropower plants in Bhutan.
Engie's 230MW Bernard Creek Solar Project in Texas. Image: Engie North America

Corporate solar financing hits US$8 billion in Q1 2024 – Mercom Capital

April 19, 2024
Corporate financing in the solar sector reached US$8.1 billion in the first quarter of 2023, according to energy analyst Mercom Capital.

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