finance

The deal values National Grid Renewables - the US project development arm of the UK's National Grid - at approximately US$1.735 billion.

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

The tripartite deal between UAE's Masdar, Eni and the Albanian power and grid companies was signed this week in Rome.

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

The credits are Section 45X Advanced Manufacturing Production tax credits generated from selling its modules from US manufacturing bases.

Renewable energy and battery storage assets are best thought of as 'two business units sharing an address'.

Individual market dynamics and appetite for risk play an important role in the effectiveness of co-location as a hedge for renewable assets.

Sunnova said the job cuts are part of “an optimisation of its business" and the cuts will save around US$35 million.

Lee Zeldin said the EPA should "reassume responsibility" for funds issued under the Greenhouse Gas Reduction Fund.

“As the market develops, there’s more sophisticated views of the market,” said Aldevinas Burokas at Solar Finance & Investment Europe 2025.