Solar and storage among key drivers of a transformation IRENA believes could unlock US$98trn GDP boost, tapping into green principles to turn the page from this year’s economic shock.
US-based independent power producer (IPP) sPower has closed a US$350 million tax equity commitment from banking giant Wells Fargo to support its Spotsylvania Solar Energy Center project.
Rystad predicts 1GWac-plus of solar could struggle to hit financial close as US$-AU$ gap widens, while RepuTex consultants say larger green energy ventures will weather era of low power prices.
SEIA, ACORE and others lament US federal energy regulator’s dismissal of request to reconsider PJM rule change, which the industry feels will ‘pad fossil fuel profits’ at renewables’ expense.
World’s top asset manager cites appetite for ‘resilience’ in era of volatility as it smashes US$3.5bn target of GEPIF III fund, set to invest in solar, storage and other renewables and non-renewables.
New figures from regulator UPME show nearly 70% of all energy projects currently proposed are solar, setting the scene for growth spurt in the country using auctions to catch up on the renewable front.
European independent power producer (IPP) Encavis has acquired a portfolio of Dutch solar assets with a combined capacity of 80MWp from renewables developer BayWa r.e.
Figures coming to light in recent days show industry reached all-time highs in Germany and Spain and became part of broader renewable milestones in at least the UK and Australia.
Country’s largest utility PGE says non-core areas will go due to the COVID-19 crisis but excludes PV and wind ambitions from the cull, a green energy thumbs-up by a hard-coal and lignite stalwart.
SolarPower Europe webinar opens a window into how some of the continent’s top PV developers have grappled with the crisis and their optimism around solar’s future.
