Solterra Energy has entered into a partnership with renewable investors Leyline Renewable Capital, under which Leyline will provide US$10 million to support up to 1GW of distributed generation (DG) and utility-scale solar projects across the eastern US.
After years of protracted disputes and business uncertainty, the US solar industry will soon find out the precise terms of the Uyghur Forced Labor Prevention Act (UFLPA) and its implications for the supply of solar products to the country.
Earlier this week (14 June), White House officials and solar manufacturers sat down with one another to discuss how the Biden Administration could kickstart PV manufacturing via its recently enacted Defense Production Act (DPA).
NextEra Energy has announced its new decarbonisation strategy, dubbed Zero Carbon Blueprint, which includes eliminating all scope 1 and 2 emissions from its operations by 2045 without the use of carbon offsets and a massive increase in solar PV to 90GW by 2045.
The Indian solar sector looks set for significant levels of disruptions over the next two years, with the government’s drive to establish a domestic manufacturing base risking deployment and investments needing to double if it is to meet its climate targets, according to industry analysts.
Global investment manager CarVal has invested €100 million (US$107 million) in Swedish solar company Svea Solar to support its expansion of utility-scale solar plants in Europe.
The decision of US President Joe Biden to waive tariffs on solar imports from Southeast Asia for two years and authorise the US Department of Energy (DOE) to use the Defense Production Act (DPA) to accelerate the production of clean energy technologies, including PV modules and module components, has been broadly welcomed by the US solar sector and industry analysts.
Greek renewables developer Mytilineos is developing more than 750MW of solar PV in Chile, nearly 600MW of which is considered at a mature stage, PV Tech can reveal.
UAE-owned renewable energy company Masdar has penned an agreement with the Ministry of Energy of the Republic of Azerbaijan to develop up to 10GW of renewables in the country as Masdar continues to expand its international presence.
