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A bullish Brazilian PV market has marked its latest milestone this year, becoming the cheapest electricity source of an auction it was allowed to enter for the first time this month.

Canadian independent power manufacturer (IPP) TransAlta Renewables Inc (TSE: RNW) claimed today it has actually consented to buy a 122-MW solar power plant portfolio in North Carolina from a fund handled by Copenhagen Infrastructure Partners (CIP).

Minnesota energy regulators have actually okayed to a 200-MW solar park project suggested by EDF Renewables in the US state's Dodge County.

The International Energy Agency (IEA) has stated it expects yearly solar PV additions worldwide to surpass 160GW by 2022, affirming the technology's placement as the "brand-new king" of worldwide electricity markets.

San Diego, California-based renewable resource developer Pathway Power LLC on Wednesday stated it has actually protected a USD-36-million (EUR 36m) strategic financial investment from Forest Road Renewables, part of speciality money platform The Forest Road Company.

The government of Ecuador on Monday announced it will certainly conduct 3 public choice procedures for new power projects, amongst them a tender to award giving ins for the construction and procedure of 500 MW of renewables.

Turkey's Sabanci Renewables Inc has hired US design firm Bechtel Corp to construct the 272-MW (dc) Cutlass Solar II project it lately acquired in Fort Bend County, Texas.

'Solar Module Super League' (SMSL) participant Trina Solar has signed a lasting PV module supply take care of United States power major NextEra Energy amounting to 4GW, thought to be the largest order of its kind outside of China.

United States residential solar financier GoodLeap has elevated US$ 800 million to expand right into the broader market for lasting house enhancement, other carbon-reducing products as well as later industrial offerings and also electrical vehicles (EVs).

The Tunisian federal government is preparing 1,700 MW of new renewable resource projects that must be implemented between 2023 and also 2025 throughout the North African country, power minister Naila Nouira stated on Tuesday.

Recurrent Energy secures EUR 61.5M from Santander to boost Italy's solar and storage projects, fueling Europe's renewable energy growth.

INVEX Controladora SAB de CV agrees to selling remaining stake in 216 MWp solar farm portfolio in northwestern Mexico for USD 50 million. Regulatory clearance needed and proceeds to reduce debt and make new investments.

Google pre-qualified bidders and used reverse auctions to obtain the lowest price for renewable energy. Reverse auctions for corporate purchases could potentially benefit solar developers, if their transparency and simplicity can influence more corporations to procure green power.

The cost of new-build onshore wind has actually risen 7% year on year, as well as fixed-axis solar has leapt 14%, according to the current evaluation by study company BloombergNEF (BNEF). The worldwide benchmark levelized cost of power, or LCOE, has actually temporarily pulled away to where it was in 2019. Cost rises are connected to rises in the cost of materials, freight, fuel as well as labor.

France's EDF Renewables has introduced a crowdfunding campaign that aims to raise EUR 200,000 (USD 235,100) for a 15.6-MWp to partly fund the building of a solar project in Cote-d'Or division, eastern France.