Net revenues for the quarter (for both CSI Solar and Recurrent Energy, the manufacturing and project development businesses) were US$1.6 billion, a 23% increase from US$1.3 billion in Q1.
Through a joint venture (JV) between the two companies, Atlas will build the project as part of the Luiz Carlos Solar Photovoltaic Complex in the Southeastern state of Minas Gerais.
Horizon Power, Western Australia’s region energy provider, has inked its first Indigenous Land Use Agreement (ILUA) with the Nyul Nyul people of Beagle Bay in Kimberley for a proposed solar PV development.
Australian transmission system operator Transgrid has signalled in a new report that remote inland renewable energy zones (REZ) could provide an additional renewable energy source, such as solar PV, in the mid-2030s.
News from the US state of Indiana, where two electricity utilities have made moves in the state energy market. CenterPoint Energy has issued a call for energy generation project proposals, whilst NIPSCO has brought a 200MW solar PV project online.
The 58MW Scotford solar project near Edmonton, Alberta, will provide power to Shell’s nearby Scotford oil refinery, chemicals plant and carbon capture complex.
A new report released by the Australian think tank Race for 2030 has called on the Federal government to provide additional investment and incentives to support consumer energy, such as solar PV, and its role in a decarbonised society.
Data released this week by American Clean Power Association (ACP) showed that, since mid-2022, US$500 billion of investment has been planned for clean energy production and generation projects in the US.