Investment in the global energy transition totaled US$1.1 trillion in 2022 according to analyst firm BloombergNEF, reaching parity with investment in fossil fuels for the first time ever.
Renewables developer Fotowatio Renewable Ventures (FRV) has declared its entry into the German market, opening its first German office in Munich in December and expressing the intention to develop 2GW of solar and energy storage assets in the next four years.
Colorado-based electricity distributor CORE Electric Cooperative has penned a wholesale power supply agreement with power generation developer Invenergy, which will give CORE access to an additional 1.2TWh of renewable energy a year.
A state-owned solar-plus-storage project being developed in Mexico firmly establishes the shift in government thinking on energy storage, a local battery storage firm told sister site Energy-Storage.news.
Renewable energy investor and asset manager NextEnergy Capital has launched its most recent international solar capital fund, NextPower V ESG (NPV ESG), with a target of US$1.5 billion in capital commitments and a ceiling of US$2 billion.
Fund manager Glennmont Partners has entered the US market through a joint venture (JV) with solar developer GreenGo Energy to develop 1GW of solar and storage capacity.
Curtailment remains the most talked-about subject in Vietnamese solar, but potential solutions such as foreign investment in transmission and grid-based energy storage are being held back.
Finnish investment company Korkia has funded a partnership with Greek developers GH Energy and AA Sunshine to develop solar power parks in mainland Greece and Crete.
