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Solar and storage developer 7X Energy has spent more than US$100 million to stockpile 2GWac of Power Electronics inverters in order to take advantage of the full investment tax credit (ITC) before it starts to taper next year.

The European Bank of Reconstruction and Development (EBRD) is considering investing US $60 million in renewables developer Infinity Energy, a subsidiary of Egyptian conglomerate Mansour Group.

VPP Japan will provide equipment free of charge, offering 20% lower costs

Leading US solar developer 8minute Solar Energy is to collaborate with Doosan GridTech to use advanced, predictive software controls to dispatch energy from solar-plus-storage plant in California.

John F. Kennedy (JFK) International Airport will be the site of New York City’s self-styled largest solar plant after the project, which includes energy storage, was awarded to SunPower Corp and Goldman Sachs Renewable Power Group.

The Arizona Corporation Commission (ACC) voted to reject a request from the state’s investor-owned utilities to set two-year contract terms for renewable energy projects under the federal Public Utility Regulatory Policies Act (PURPA). Instead, commissioners voted unanimously to set contract terms at 18 years, providing renewable energy developers the financial certainty they need to develop new clean energy projects in the state.

UK battery storage firm Zenobe has secured £25 million in funding from Santander as it looks to continue its growth.

EDP plans to invest $3 million in Resource which manages and develops solar energy systems.

Volkswagen is planning to make 1.5m of EVs in the year 2025. 1m of e-vehicles are expected to be sold before the end of 2023, which is 2 years ahead of the previously announced plan.

A fresh round of funding has bumped total investment in NextEnergy Capital's global solar fund, Next Power III (NPIII), to US$280 million.

Personal equity strong American Securities has entered an agreement to obtain Swinerton Renewable Energy, the renewable energy division of Swinerton Builders, and wholly-owned subsidiary SOLV from Swinerton Incorporated.

The Australian Renewable Energy Agency (ARENA) has released an AU$ 50 million (US$ 36 million) programme to support microgrid pilot projects and also enhance the reliability of electrical energy supply across regional Australia.

Beximco Ltd yesterday revealed that it was mosting likely to build 230-megawatt (MW) solar utility-scale power plants at Gaibandha at an expense of Tk 1,700 crore.

The primary shareholder of Falck Renewables is marketing its regulating risk in the solar as well as wind developer to a capitalist encouraged by JP Morgan Investment Management.

Evolution Power's Stonestreet Green project will lie near Aldington in Kent, England