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finance
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%.
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).
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.
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.
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.
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.
Bank of China provides US$80 million loan for ACWA Power solar-plus-storage project in Uzbekistan
April 18, 2024
The Bank of China has supplied ACWA Power with a US$80 million equity bridge loan for the latter’s Tashkent solar-plus-storage portfolio.
LevelTen: solar PPA prices demonstrate ‘increased stability’ in Q1 2024, falling 1.5%
April 17, 2024
LevelTen Energy's latest report into renewable PPA prices reveals “increased stability” as offer prices in North America increased by 0.9%.
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‘We need to see US$5 trillion’: the role of green bonds in delivering sustainable solar investments
April 17, 2024
JP Casey reports on green bonds' growing importance as a vital source of support for solar and a tool for fighting greenwashing.
Renewables developer BECIS secures US$50 million for expansion in Southeast Asia
April 16, 2024
Singaporean C&I renewables developer BECIS has secured US$50 million to expand business in Southeast Asia and India.
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US finalises AD/CVD duties on solar cell imports from India, Indonesia and Laos
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