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PV Austria says the current draft of the renewables acceleration act needs fixes, cautioning it could hinder deployment rather than speed it up

Canadian Solar had its target cost stopped by Citigroup from $53.00 to $46.00 in a report provided on Tuesday, Benzinga reports.

A plan in the Australian state of New South Wales to build a 3 GW renewable resource area has actually currently drawn in US$ 26.4 billion of project proposals, as well as the state government is currently quadrupling its financing support.

The building contractor of several of Australia's biggest solar plants will certainly not handle any type of brand-new market agreements, in the middle of insurance claims that grid after effects and also various other elements have actually annihilated the marketplace possibility.

A tactical and renewables-heavy response to "apocalyptic" power prices witnessed in Australia has actually been asked for by the Australian Industry Group (Ai Group).

Indonesia might host approximately 1.2 GW of solar PV that would certainly export electricity to Singapore as part of new propositions put forward by a coalition of 4 international firms.

Sasol has actually introduced an ask for info procedure to provide its South African procedures with renewable resource.

Solar projects worth 166MW of capacity have actually won out in Brazil's most current renewables auction, power regulatory authority EPE has actually verified.

European developers will certainly be the primary beneficiaries of existing higher wholesale prices and favourable business economics for renewables projects over the next decade, according to a report from advising company Edison Group.

Ormat Technologies Inc. has finished the acquisition of a shovel-ready power storage property in Upton County, Texas.

Duke Energy agrees to sell its commercial distributed generation business to ArcLight, with an enterprise value of $364 million. Duke Energy to receive $259 million in proceeds to help achieve its goal of becoming a net-zero carbon company by 2050 with 30,000 megawatts of regulated renewable energy.

FTC Solar has been contracted to supply its Pioneer 1P solar tracker for a 225-MW solar project near Columbus, Nebraska. Delivery of the trackers will begin in 2021, with Sandhills Energy's 720 MW of solar projects already developed and 1,500 MW more in its pipeline.

Marangatu Solar Complex lights the way for sustainable energy in Brazil, attracting green industries and international partnerships for a brighter future.

Danish investor Obton and GSSG Solar team up again to acquire 117-MW solar portfolio in Japan, powering over 30,000 households with clean energy.

The Indian government strategies to issue tenders for 50 GW of renewable energy capacity per year in the complying with 5 fiscal years, from 2023/24, which starts on April 1, till 2027/28.