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Tunisia powers ahead: STEG eyes €40m EBRD-backed solar-plus-storage to firm the grid, slash fuel imports, shift sun to peaks, and unlock bankable, reliable clean energy.

United States solar installer SunPower reported a 2.9% increase in annual earnings in 2020 in spite of total installations falling 5% in what the firm has actually called a transformational year.

The Malaysian federal government has actually authorized a MYR-42.2- billion (USD 10.1 bn/EUR 8.49 bn) financial investment plan by China's Risen Energy Co Ltd (SHE:300118) to construct a huge manufacturing facility for the manufacturing of photovoltaic (PV) cells and modules, it was announced on Thursday.

Altus Power said that the bargain is for around $293 million from funds managed by True Green Capital Management. The acquired portfolio, as soon as closed, will without delay include 207 MW of commercial-scale solar assets to Altus Power's operations and the staying 13 MW later on.

French independent renewable energy producer Albioma SA (EPA: ABIO) has actually set foot into the Brazilian solar market after purchasing a 31.6-MWp portfolio of solar (PV) parks in the South American country.

Skoda India has announced the installation of its 8.5 MW rooftop solar plant at the company’s Chakan facility near Pune.

Origis Energy set up a massive digital power acquisition arrangement (VPPA) with Royal DSM for eco-friendly electrical energy from the prepared Rockhound Solar C project, a 61-MW solar center situated in Ector County, Texas. Renewable Resource Credits (RECs) from the solar ranch will certainly sustain DSM's RE100 objectives.

Solar EPC company iSun is investing in US commercial PV project programmer Encore Renewable Energy as part of efforts to increase its geographic expansion.

As renewable energy infiltration grows, curtailment issues are climbing given that the setups are concentrated mostly in a few states. The equity IRR might drop below zero if the curtailment exceeds 40% as well as ADSCR would fall below unity if the curtailment goes beyond 20%.

Greek commercial group Mytilineos SA (FRA: MYH) on Thursday stated it has reached economic close on a trio of solar farms in New South Wales, Australia with an incorporated capability of 120 MWp.

International independent manufacturer of utility-scale renewable resource projects Ecoenergy has actually acquired an 87 MWp solar power development project in Parau, main Romania, bargain expert Vlasceanu, Nyerges as well as Partners claimed.

The Brazilian state of Ceara introduced on Friday that throughout a visit to China, governor Elmano de Freitas has signed a few manage local firms for solar, on- and -offshore wind as well as green and also blue hydrogen projects and campaigns.

European Energy greenlights Italy’s largest agrovoltaic: 225 MW in Sicily, operational by 2027, CfD-backed, farm-friendly bifacial trackers, SCADA-led uptime, battery-ready—scaling dual-use solar as a replicable model.

Milvio Energy agreed to sell an 81.8-MWp, subsidy-backed solar project in Mecklenburg-Western Pomerania to Saxovent, recycling capital into earlier-stage development.

Mahindra Susten, a renewable energy business of India's Mahindra Group, has actually reportedly gotten deals from 6 financial investors for its 600MW of solar properties.