Renewables developer Ameresco has closed a US$300 million senior secured loan facility with climate investment firm HASI to fund the development and construction of clean energy projects.
The Interstate Renewable Energy Council (IREC) has published an updated model rules that aims to accelerate and facilitate the interconnection of distributed resources to the grid.
US renewable energy developer Greenvolt Power Actualize has signed three power purchase agreements (PPAs) with a total capacity of 97MWdc with a major US utility.
Global investment in solar in the first half of 2023 increased by 43% year-on-year (YoY) to reach US$239 billion, but renewable energy investment was still far below the required amount to reach the net zero goal by 2050.
A recent report covered by PV Tech suggested that solar power purchase agreement (PPA) prices in North America have dropped for the first time since the first quarter of 2020, but this could hardly be a long term trend as multiple challenges will prevent the prices from falling.
Solar module manufacturer Maxeon Solar Technologies has posted a slightly dropped financial performance as its adjusted EBITDA for the second quarter of 2023 decreased by 2.4% to US$30.2 million.
