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Macquarie Asset Management and Norsk Hydro ASA just announced a joint venture worth USD 332 million to develop 6.9 GW of renewable projects across three countries. Check out the details on this innovative partnership and its expected impact.

Although the Wiki-solar website ranking only gives a snapshot of PV project engineering, procurement and construction contracts outside China, it is nevertheless a useful indicator of the changing shape of the global solar market.

Globeleq has agreed to acquire a 75% stake in Mozambique's 41 MW Mocuba solar plant, showcasing its commitment to African power production. The company is also in the process of commissioning two additional projects with a total capacity of 400 MW.

Buoyant market attracts multi-national utilities

The country’s agency for rural electrification is seeking proposals for a 1.3 MW solar project and a 1.5 MW/2 MWh storage system.

Scatec switches on 540-MW solar & battery project in South Africa -- a groundbreaking milestone in energy production, providing 150 MW of dispatchable power each day.

Vinci SA's acquisition of Helios Nordic Energy AB for EUR 73 million will boost their presence in the Nordic renewable energy market. Exciting times ahead for SunMind!

Hanwha Group acquires REC Silicon for NOK 925 million, strengthening its position in the renewable energy sector and ensuring a stable supply chain for silicon-based technologies.

Norwegian polysilicon manufacturer as well as silicon organisation Elkem is preparing to build a manufacturing facility in Herøya.

Equinor's Texas energy storage projects set to boost capacity by 110 MW, with Sunset Ridge already under construction and Citrus Flatts on the horizon.

The Conolophus project is developed to lower diesel usage on Santa Cruz Island in Galapagos National Park, in addition to the surrounding island of Baltra.

Oil as well as gas firm Galp is getting a portfolio of under advancement solar plants in Brazil with an incorporated capacity of approximately 4.6 GWp.

AMEA Power, Trinasolar, and Energy China ZTPC join forces to launch Africa's largest solar plant in Egypt, setting a new benchmark for renewable energy innovation.

NorSun has raised 8.6 million dollars to fuel its growth projects in Europe and the US. Statkraft Ventures, Ardal Energi, Nysno Klimainvesteringer, and more, have subscribed to the capital. NorSun plans to build a 5GW production facility in the US and 3GW expansion in Årdal, Norway, funded in part by the EU Innovation Fund.

Cypress Creek secures $150 m financing and begins construction of 104 MW Ostrea Solar in Washington, creating jobs and powering up to 16 000 homes.