The cost of generating energy from utility-scale solar and wind continues to decline and maintain competitiveness with the marginal cost existing fossil fuel-powered plants.
Western Australia has granted environmental approval for the first 15GW stage of a renewable energy hub focused on green hydrogen production that could eventually reach 26GW of solar and wind generation.
Juwi Shizen Energy has secured an engineering, procurement and construction (EPC) contract to build a 54MW solar park on the site of a former golf course in Japan.
EDF Renewables North America has acquired a pipeline of more than 20 US solar assets from project developer Geenex Solar, totalling more than 4.5GW of capacity.
The EU is on track to achieve between 22.8% to 23.1% renewables in gross final energy consumption in 2020 as the continent experiences a “clear paradigm shift” towards solar and wind.
A newly formed joint venture (JV) between Adani Green Energy and Total has increased its operating solar portfolio to 2,353MW after securing additional assets in India.
Driven by increased investor interest and a growing project pipeline, utility-scale floating solar installations are set to take off globally over the next few years, a report from Fitch Solutions says.
Enel Green Power has broken ground on its second North American solar-plus-storage project as it continues to ramp up its US renewables fleet and aims to hit 1GW of deployed battery storage in two years.
Canadian institutional fund manager Caisse de dépôt et placement du Québec (CDPQ) has acquired a portfolio of 73 Spanish solar plants from renewables investor Q-Energy.