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Shell and Ares unite for a 496 MW solar venture, powering decarbonization with strategic PPAs and exploring battery storage for enhanced returns.

BlackRock-backed CleanCapital bags funding, 75.2MW purchase

Brazilian energy options firm Cemig SIM has actually signed an arrangement to obtain 16.2 MWp of solar farms that will operate on a distributed generation (DG) basis in the state of Minas Gerais.

Silfab Solar Inc. has signed an agreement with NorSun to purchase locally-made silicon wafers for its PV module production. This partnership will enable Silfab to strengthen its supply chain and provide more Western-produced wafers for its products. NorSun is currently raising funds for a 3Gw and 5GW production facility in the US.

Quanta Services has actually become part of a definitive contract to get Blattner Holding Company, a utility-scale renewables services carrier that has actually supervised greater than 12GW of mounted solar assets, in a deal worth US$ 2.7 billion.

Meta Platforms Inc partners with RWE AG to power its operations with green electricity from solar parks in the US, supporting its commitment to renewable energy.

The United States Department of Energy (DOE) Loans Program Office (LPO) has committed to a conditional US$ 504 million investment into the development of a significant green hydrogen hub in Utah.

Solar installations on US farms have surged by 30% in the past five years, outpacing wind turbine growth. President Biden's Inflation Reduction Act and rural energy grid challenges fuel further expansion.

In a substantial ruling for the Indian renewables market, a high court in the state of Andhra Pradesh has ruled that state circulation utilities (Discoms) must pay renewable business the terms they agreed to when they authorized power acquisition agreements (PPAs) within 6 weeks.

Microinverter supplier Hoymiles Power Electronics has actually introduced on the Shanghai Stock Exchange STAR Market through a virtual listing event in Hangzhou.

Eni's Plenitude secures 80% stake in US solar farms, boosting its portfolio by 272 MW. The $400 million deal propels Plenitude towards its goal of 1.2 GW capacity in the US by 2026.

First Solar will build a 3.7-GW US plant to finish Series 6 module production started overseas, strengthening domestic content, logistics and energy-security goals.

Great deals for PV projects on dams as well as close to motorways are set to be included in Portugal's third solar tender, the nation's state assistant for energy, João Galamba, has said.

Renewables proprietor as well as operator Brookfield Renewable has recorded a solid second quarter, investing more than US$ 3 billion on development initiatives in Q2 alone.

EDP Renewables (EDPR) has finished its acquisition of the distributed solar platform of renewables financier C2 Energy Capital.