Renewables company CWP Global has signed a memorandum of understanding with the Government of Djibouti to develop a 10GW renewable and green hydrogen hub in Djibouti.
Solar PV capacity is expected to almost treble over the 2022-2027 period, growing by 1.5TW and will surpass coal as the largest source of power capacity worldwide, according to a report from the IEA.
Tracker manufacturer Ideematec has signed a tracker supply agreement with utility-scale developer Solar Proponent for some of its solar projects in Texas, the US.
German solar developer Juwi, through its Italian subsidiary Juwi Energie Rinnovabili, has acquired 70% shares in Italian developer GEMdev, consolidating its presence in Italy.
The Internal Revenue Service (IRS) has issued a wage and apprentice guidance under the Inflation Reduction Act (IRA) that is set to start for US projects initiated in 30 January 2023.
EDPR Sunseap has signed a memorandum of understanding with material innovator Archwey to explore the use of recycled plastics in floating solar projects.
In the span of two and a half years, commercial solar has doubled its installed capacity from 9.8GW at the end of 2019 to 19GW of solar PV until June 2022.
