US community solar deployment is expected to more than double over the next five years despite 2022 seeing a 16% decline year-on-year, as the sector is set to see benefits from the Inflation Reduction Act (IRA) taking hold.
Spain installed 3.7GW of new ground-mounted solar PV capacity in 2022, according to a report from trade association the Spanish Photovoltaic Union (UNEF).
Global renewable energy developer SOWITEC has sold three Mexican solar PV plants totalling 570MW. The projects represent more than half of its 1GW development portfolio in the country.
Indian PV manufacturer Emmvee has partnered with Fraunhofer ISO – a leading solar research centre – to build a 1.5GW solar cell manufacturing facility near Bangalore, southern India.
Spanish renewable energy provider Iberdrola has secured a €150 million (US$160 million) loan from the European Investment Bank (EIB) to develop 400MW of PV and wind projects in Italy.
Enterprise climate platform Watershed has partnered with renewables marketplace Ever.green to launch a fixed-priced virtual power purchase agreement (VPPA).
Florida-headquartered commercial and industrial (C&I) solar developer Solops has been acquired by Denham Capital in a US$200 million purchase agreement, a move which sees Solops become an independent power producer (IPP) under the new ownership.
US solar tracker manufacturer FTC has formed a domestic joint venture with Thailand-headquartered steel fabricator Taihua New Energy to produce steel components for solar projects.
