pv power plants

Indian renewable energy firm Axis Energy Group has launched a joint venture (JV) with Brookfield India – the local arm of global investment firm and asset owner Brookfield – backed by an initial investment of US$845 million.

French oil giant TotalEnergies has acquired Ombrea, an agrivoltaics developer, for an undisclosed sum.

France has awarded 1.5GW of ground-mounted solar PV capacity in its latest auction, concluded this week (26th September).

LONGi has signed a deal to supply 100.1MW of its modules to renewables developer R.Power for projects in its native Poland.

UAE-based renewables developer AMEA Power has reached financial close on a 120MW solar PV project in Tunisia, the company’s first foray into the country.

North America will spend a cumulative US$12 trillion on renewable energy generation and its transmission by 2050, according to Norwegian-headquartered consultancy firm DNV.

The expansion of solar PV and battery storage is keeping the global net zero 1.5 degree pathway open, and the current host of planned manufacturing capacity expansions will be enough to meet demand by 2030.

UK-headquartered renewables developer Ethical Power has entered the Italian solar PV market with plans for a 250MW project pipeline and a new country manager, Francesca Cavallini.

Spanish solar developer Solaria has signed off a financing framework with the European Investment Bank (EIB) for up to €1.7 billion (US$1.8 billion) to be deployed on 120 solar PV plants across Spain, Italy and Portugal.

Danish renewables firm European Energy has sold a 49% stake in its 304MW Kassø solar PV plant to Japanese conglomerate Mitsui & Co.