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Solar developer Aspen Power secures US$350 million investment from Carlyle

Aspen Power Partners, a US distributed generation developer, has received a US$350 million investment from global investment firm Carlyle. It said that the funds will be used to fuel its growth and acquisitions strategy.

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Middle income US households accounted for a third of rooftop solar installs in 2021

One third of US households who installed solar PV in 2021 had incomes between US$50,000-100,000, according to a report from Lawrence Berkeley National Laboratory’s (LBNL).

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First Solar to invest US$270 million in Ohio R&D centre

First Solar plans to investUS$270 million in a new research and development (R&D) facility in Perrysburg, Ohio as it continues its global PV manufacturing expansions.

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Rising orders will help electric planes take off

Electric aircraft are attracting increasing interest from aircraft operators because they can reduce emissions and operating costs compared to aircraft using internal combustion engines. Developers of such aircraft aim to put electric aircraft into service in the late 2021-2030 period.

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China Policy Brief: Coal supply tight as Renewables push ahead

China is going all out to promote renewable energy. The National Energy Administration (NEA) is promoting the construction of the first batch of large-scale photovoltaic and wind power base projects,

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Germany Electricity Market Outlook 2022: Tailwind for Renewables

Bloomberg New Energy Finance's outlook for the German electricity market suggests electricity prices will peak in 2023, driven by high natural gas prices and expectations of supply shortages. Electricity prices will then fall until 2030 as gas markets rebalance and renewable deployment accelerates.

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