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Utility-scale market was the 'primary driver' audit for 2.7 GW, says Wood Mackenzie.

The solar power market has actually grown rapidly even as nonrenewable fuel sources remain the leading source of international power use.

Maxeon Solar Technologies plans to build a 3-GW solar cell and panel factory in Albuquerque, NM, creating 1,800 jobs and increasing the company's total North American solar panel capacity to 4.8 GW. DOE loan and tax credits are eligible for the project.

United States realty and also royalties investor Activate Renewables today said it has closed the acquisition of a portfolio of wind and also solar residential or commercial property leases that can support over 115 MW of overall renewable energy generation capacity.

Akuo’s 195-MWp Tennyson Solar Farm will power a third of Imerys’ US operations, fixing energy costs and cutting 67 kt of CO₂ under a 15-year Texas PPA.

Off-grid solar professional Sun King has actually increased US$ 260 million in a Series D funding round intended to expand international accessibility to affordable solar power across Africa and also Asia.

When the minister of environment and energy announced a ceiling tariff of €45/MWh, analysts speculated the price would be too low as it undercut average bidding prices in the region. Preliminary, unconfirmed results of the exercise show, however, companies are happy to bid for two-cent solar in Europe.

URE Energy repeatedly missed deadlines to settle a £209,000 bill after it failed to source enough of the electricity it supplied two years ago from renewable generation.

Yinson will certainly pay Rs 554 million (RM32 million) for the risk, as well as added financing of Rs 600 million (RM35 million) to pay off specific superior obligations of the Indian independent power manufacturer which has 2 plants in Bhadla Solar Park.

UK-based Low Carbon Limited and US-based MassMutual have actually joined pressures to construct a leading global renewable resource Independent Power Producer (IPP). The collaboration aims to accelerate the development and operation of large-scale renewable resource projects with a concentrate on numerous Organisation for Economic Co-operation and Development (OECD) markets.

Support for dispersed energy sources (DERs) like rooftop solar, area solar and also battery storage space can save Californian ratepayers US$ 120 billion over the following three decades, according to a brand-new report.

UAE developer Masdar Clean Energy has been awarded a 100MW project in Uzbekistan’s first competitive solar tender after submitting a bid of US$0.027/kWh.

Vietnam, Thailand as well as Malaysia have remained in the cross hairs of the current relocation, which has been delayed for now.

Toronto-based renewables designer Amp Energy has closed on a US$ 350 million credit facility to bear down a worldwide profile of renewables and also battery energy storage assets.

Renewables designer Solariant Capital and energy financier Daiwa Energy & Infrastructure (DEI) are collaborating to create a portfolio of US solar and also energy storage projects.