Large-scale renewable energy developer Intersect Power has secured a revolving credit facility to the tune of US$800 million to support the deployment of its solar, energy storage and wind asset pipeline.
US utility AES Corporation has added the 2GW Bellefield solar-plus-storage project to its portfolio after acquiring it from the project developer, Avantus.
Western US electricity utility Pacificorp has released its 2023 Integrated Resource Plan (IRP) outlining significant solar, wind and storage capacity expansions as well as investment into new transmission lines.
The number of residential solar and storage systems installed in Germany increased 52% in 2022 compared with the previous year, whilst three quarters of Germans would consider installing rooftop solar.
Saudi energy provider ACWA Power has signed agreements to develop 1.4GW of solar PV and 1.2GW of energy storage projects in Uzbekistan to be financed by the country’s Ministry of Investment, Industry and Trade.
Finnish renewables developer Taaleri Energia – the renewables arm of Taaleri Group – and Nordics-focused developer Landinfra Energy have entered a partnership to develop 1.9GW of hybrid solar, energy storage and wind projects in Sweden.
NEM 3.0, the latest iteration of California’s rooftop solar net metering scheme, was passed yesterday by the California Public Utilities Commission (CPUC). Vocal public debate surrounded the legislation before the vote as solar industry workers and representative bodies called for revisions to the proposed decision.
On 15 December, the California Public Utilities Commission will vote on the latest net energy meeting (NEM) proposal regarding the state’s rooftop solar market. Ahead of the vote, activists have taken to the streets in a series of demonstrations against the legislation, and the California Solar and Storage Association (CALSSA) and other representative groups have been vocal in their criticism of the proposal.
