Recurrent Energy secures €1.3 billion financing for European project pipeline
The subsidiary of Chinese-Canadian solar manufacturer Canadian Solar says the financing will go towards developing and constructing solar and battery energy storage projects across Spain, Italy, the UK, the Netherlands, France and Germany.
Denmark to restart heat pump subsidy scheme
Danish citizens will once again be able to apply for heat pump subsidies from May 27. A DKK 17,000 ($2,469) grant will be available for air-to-water pumps and DKK 27,000 for liquid-to-water heat pumps.
Alcazar Energy Partners secures $490 million for second renewables fund
Alcazar Energy Partners has reached financial close, totaling $490 million, for its second renewable energy fund. It aims to develop more than 1.6 GW of clean energy projects across selected emerging markets, including the western Balkans.
European developer reaches financial close on 10 MW of solar in Tunisia
European renewables developer Qair will build a 10 MW solar plant in western Tunisia with a €3.9 million ($4.2 million) loan from the European Bank for Reconstruction and Development (EBRD), as well as to up to €1 million in concessional funding from Finland.
‘We must push back on net billing’
With California’s NEM 3.0 legislation having gutted panel sales and Arizona heading a bevy of other US states preparing to reduce solar-export payments, it’s time the United States solar industry stepped up, for ourselves as well as our customers.
The Hydrogen Stream: PosHYdon starts testing offshore gas-green hydrogen
PosHYdon says it wants to validate the integration of three energy systems in the Dutch North Sea: offshore wind, offshore gas, and offshore hydrogen. The project will involve the installation of a hydrogen plant on the Neptune Energy (Eni) Q13a-A platform.
Trina Solar records 65.21 GW of solar panel shipments for 2023
Trina Solar says its solar panel shipments reached 65.21 GW in 2023. The Chinese module maker achieved a turnover of $15.75 billion and a net profit of $768.2 million in fiscal 2023, with an annual module production capacity of 95 GW by the end of December.
Chinese PV Industry Brief: GDEP secures 118 MW of Trina panels for $0.12/W
Guangdong Electric Power Development (GDEP) has bought 118 MW of Trina Solar panels for $0.12/W. It says it will use the modules for several solar projects in China’s Shandong province.
Payment plans key for solar water pumping in Sub-Saharan Africa
If solar-powered irrigation pumps can be rolled out in a responsible manner at scale, the impact on agriculture in sub-Saharan Africa could be transformational.
Ireland launches €20 million fund for energy research
The authorities in Ireland have opened a €20 million ($21.5 million) fund for energy research and innovation. It will support projects contributing to the nation’s clean energy transition, such as heat decarbonization and energy storage.
