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US Solar Fund Plc (LON: USF) announced today it has employed monetary consultants to assist it take into consideration all possible critical alternatives to increase shareholder value, including the launch of a formal sale process for the entire firm.

There has been fast velocity in utility-scale progress in renewables- solar, wind and also hydro. These made up market share surpassing 20 per cent on 31 days of 2022. There were only 4 such days in 2019.

Shell Plc announces deal to reduce stakes in two renewable energy projects in the US – 182 MW wind repowering project & 180 MW solar park project. Asset management & offtake rights retained, with transactions finalized by 2024 & eligible for IRA tax credits.

The Sri Lankan government has approved a 700-MW floating solar park with 1.5 GWh battery storage, providing 1,100 GWh of renewable energy annually and investing USD 1.72 billion. An environmental milestone, this project will revolutionize the energy sector of Kilinochchi.

Goldbeck Solar, a Germany-based solar power solutions company, is rebranding its North American EPC Division, formerly known as GP JOULE EPC North America. Effective immediately, the division will currently run under the name Goldbeck Solar.

Madrid-based renewables business EDP Renovaveis SA (ELI: EDPR) revealed on Tuesday that it has actually completed deal with and transferred control of the 200-MW Indiana Crossroads solar park to Northern Indiana Public Service Co LLC (NIPSCO).

What's asserted to be the United States' largest floating solar farm has actually been finished in the city of Healdsburg, California.

The Solar Investment Tax Credit (ITC) has actually been extended at 26 percent for 2 more years. The ITC for planetary systems as well as brand-new funding for power storage space study has actually been included in the US COVID-19 relief package, the Congress accepted.

A round-up of the latest information from the US solar market, including the completion of a 250MW plant in California, an EPC offer for Black & Veatch in Texas and also a new PPA from DESRI.

Convention on Climate Change accepted seek efforts to attempt to limit the rise in global temperature levels by 2050 to 1.5 ° C over pre-industrial degrees. The World Energy Transitions Outlook provides a pathway to that goal, one that decarbonises all end uses, with electrification and energy efficiency as key drivers, enabled by renewables, green hydrogen and also sustainable modern bioenergy.

New software program services focused on streamlining the procedure of deploying commercial and also industrial (C&I) power storage space and also for correctly sizing energy storage for distributed solar have actually been launched in the US.

According to the latest report from the nation's Energy Information Administration (EIA), solar PV generation boosted in the US throughout the initial 9 months of the year by 26.1% when contrasted to the same period last year.

Plus Renewable as well as Avondale Solar have actually participated in a contract to offer their passions in a 350 MW solar PV project in Fort Bend County, Texas

U.S. manufacturers First Solar and SunPower could be among the winners following the announcement that the Trump administration will impose a 25% tariff on bifacial panels, although analysts warned that the new tariffs could be an overall negative for the industry.

Ørsted introduces final investment decision on the mixed wind as well as solar PV project Helena Energy Center in South Texas and also incorporates the US trading team right into the Onshore organization.