investment

The South Korean Ministry of Economy and Finance has unveiled a plan to invest KRW33.6 billion (US$22.9 million) in research and development (R&D) by 2026 in solar tandem cell and module technology.

Climate Fund Managers (CFM) has started commercial operations at the 26.4MW Pétalo del Norte I solar PV project in Colombia.

The US Department of Energy (DOE) will need to invest US$25 billion by 2030 to maintain its position as a leader in the global energy sector.

The world invested US$554 billion into solar PV projects in 2024, leading renewable electricity generation sources, according to IRENA.

GreenYellow plans to invest US$116 million in Poland over the next three years to expand its installed capacity and customer base.

Aviva Investors and Astatine have announced an €800 million (US$928 million) investment in renewable energy and decarbonisation solutions.

According to Ronak Maheshwari of CRC-IB, there has been a struggle for US renewable power projects to secure necessary equity .

Masdar and Turkey have entered the final stage of US$1 billion agreement to develop the 1.1GW plant in Bor, Niğde Province, central Turkey.

Apple will support 650MW of projects as part of a major expansion of its renewable energy investments in Europe, aimed at reducing its carbon footprint.

The New South Wales (NSW) government has committed AU$28 million (US$18.3 million) to establish a new Renewables Manufacturing Hub in Blacktown, Western Sydney, Australia.