A solar-plus-storage project is being planned for the capital of South Africa, as the city looks to move “away from Eskom reliance and towards a load-shedding-free Cape Town”, its Mayor said.
The Bulgarian Ministry of Energy and the European Bank for Reconstruction and Development (EBRD) have signed two agreements for the development of renewables in the country.
Last week’s collapse of Silicon Valley Bank (SVB) has brought doubts in terms of capital financing for the renewable industry with a big impact on the community solar market as the entity had financed up to 62% of the US community market.
Saudi energy provider ACWA Power has signed agreements to develop 1.4GW of solar PV and 1.2GW of energy storage projects in Uzbekistan to be financed by the country’s Ministry of Investment, Industry and Trade.
Toronto-based renewables developer Amp Energy has agreed to sell 100% of the equity interests of its US subsidiary, Amp US, to asset management companies Fiera Infrastructure and Palisade Infrastructure Group.
Solar power will dominate new electric-generating capacity additions in the US this year, according to the Energy Information Administration's (EIA) Preliminary Monthly Electric Generator Inventory.
CSI Solar has announced plans to expand its solar and battery storage manufacturing capacity in China, through an investment agreement with the municipal government of Yangzhou City in Jiangsu Province.
