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First Solar sells US$311.8 million in 45X manufacturing tax credits

First Solar has sold US$311.8 million in tax credits to “a leading financial institution” under the rules set out in the IRA.

Iberdrola Group appoints Avangrid CEO as new head

Spanish energy utility giant Iberdrola has appointed the former CEO of its US renewable energy development subsidiary, Avangrid, as its new head.

FRV launches 55MW project in Armenia, country’s largest

FRV has started commercial operations at its 55MW Masrik-1 PV project in Armenia, the largest to enter operation in the country.

BW ESS and Ibersun launch 2.2GW Spain BESS JV

Owner-operator BW ESS and developer Ibersun have entered into a partnership to develop and deploy 2.2GW of BESS projects in Spain.

Nexwell Power acquires 248MW Spanish solar PV portfolio

Renewable energy investment platform Nexwell Power has acquired a 248MWp solar PV portfolio from energy service provider Q Energy in Spain.

Investigation finds renewables not responsible for Spain’s April blackout

Spain has released the results of its investigation into the April blackout, which ruled out renewables as the cause of the disruption.

EIB invests €1.6 billion into 2.2GW Spain-France interconnector

The European Investment Bank (EIB) will invest €1.6 billion to support the construction of the Bay of Biscay interconnector.

Senate Finance Committee reconciliation bill slashes solar PV, wind incentives, energy storage survives

US tax credits for solar PV, wind power and electric vehicles are facing dramatic cuts, while those for energy storage are sustained.

Ahaan Solar unveils 2GW TOPCon module plant in India with US$95 million investment

Indian module manufacturer Ahaan Solar has started construction of a 2GW solar module assembly plant in Rohnat, Haryana.

Navigating US module procurement in uncertain times

As our annual PV ModuleTech USA event kicks off in Napa, California next week, “uncertainty” is the watchword for the US solar industry.

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