Markets & Finance

Saudi energy provider ACWA Power has secured a US$123 million financing package to develop a 200MW solar PV project in Egypt.

US utility-scale solar power company OCI Solar Power has sold a 110MWac PV project in Texas to Japanese conglomerate Mitsui USA.

TCL Zhonghuan has made a series of announcements recently, including investing in a 25GW N-type TOPCon project, initiating a share buyback and releasing its operating data in the first quarter of the year, which reflected its new direction in the industry and confidence in high quality development.

NextEra Energy has signed a memorandum of understanding (MOU) with CF Industries – an ammonia producer – to develop a green hydrogen facility in Oklahoma powered by 450MW worth of renewable energy.

President Joe Biden would veto the repeal of his two-year waiver of US solar import tariffs if it passed through the House of Representatives, the White House has said.

Renewables developer Ameresco has partnered with EPC contractor Sunel Group to bid on 1.5GWp of solar PV and battery energy storage system (BESS) project contracts across Europe.

Madrid-headquartered renewable energy company EDP Renewables has signed an agreement framework to develop 650MWp of distributed solar PV assets with Silicon Valley tech giant Google.

Indian renewable energy independent power producer (IPP) ReNew Power has issued green bonds to raise US$400 million for its subsidiary Diamond II.

The Ministry of Ecological Transition (MITECO) in Spain has published its proposal to regulate renewable communities in the country.

According to its Impact Report, 2022 saw SunRun’s GHG emissions intensity (carbon produced per MW deployed) drop 10% year-on-year.