Canadian investor Ontario Teachers’ Pension Plan Board has signed an agreement to invest US$805 million in a convertible equity portfolio financing with NextEra Energy Partners to help it acquire a 2GW portfolio of solar, storage and wind assets across the US.
The North American subsidiary of utility Enel has launched a clean energy retail initiative in selected US states, beginning with Texas, to allow its commercial and industrial (C&I) customers to purchase renewable energy directly without entering into a power purchase agreement (PPA).
The California Public Utilities Commission’s (CPUC) most recent net energy metering (NEM) proposal is too extreme and will discourage homeowners from adopting residential solar, according to Bernadette Del Chiaro, executive director of clean energy business group the California Solar and Storage Association (CALSSA).
Europe will benefit from a new research and innovation (R&I) project intended to advance the continent’s tandem solar PV cell manufacturing and production capabilities, focusing on tandem silicon-perovskite cells.
Prescinto, a renewable energy asset performance management (APM) platform, has entered into a partnership with Greek solar developer SunSolarWind IKE to apply its APM software to 70MW of solar PV projects.
Canada-based greenhouse gas emissions reduction company CarbonAI has signed a memorandum of understanding (MOU) with the Rural Electrification Agency (REA) of Nigeria to develop small-scale rural solar projects across the country.
Renewables developer Low Carbon has started building four solar farms in the Netherlands totalling 53.1MWp, with Belectric serving as engineering, procurement and construction (EPC) provider.
The Asian Infrastructure Investment Bank (AIIB) has joined a partnership agreement with the Egyptian government, expected to mobilise US$10 billion in investments to deploy 10GW of solar and wind by 2028.