French energy company TotalEnergies has revived its deal with the Iraqi Government to develop a 1GW solar PV project in the Basra region, part of a larger US$10 billion accord to also establish new gas generation and seawater treatment facilities.
A Singaporean independent power producer (IPP) plans to develop 2GWp of solar PV projects in the Philippines by 2030, with 500MW already under development.
US solar and wind developer Duke Energy Renewables has received a US$90 million tax equity investment from financial holding company CapitalOne towards the 120MW Jackpot solar PV project in Idaho.
The US Treasury Department yesterday released guidance on the bonuses included in the Inflation Reduction Act (IRA) for historically fossil-fuel producing ‘energy communities’.
PV module prices are set to fall considerably in the next five years, though US market prices will remain higher than the rest of the world as its import policies and ongoing competition with China add a market premium.
Indiana Michigan Power (I&M) – a state subsidiary of American Electric Power – has signed two agreements with EDF Renewables North America relating to 554MWdc worth of solar PV projects in Indiana.
