Vietnam will prioritise the development of renewables as the country’s government announces its ambition to invest around US$130 billion in new power plants and transmission networks over the next ten years.
Asset management firm Capital Dynamics has entered into an agreement to acquire interests in three US solar PV projects with a total capacity of 316MW from developer LS Power.
Indian state-owned power company Damodar Valley Corporation (DVC) will focus solely on solar projects to add additional capacity, as it looks to develop an extensive floating PV portfolio.
The renewables sector has been named among the most pandemic-resilient infrastructure sub-sectors, thanks in part to its ability to secure finance as well as government efforts to grow the green economy, according to a new white paper from investment firm Foresight Group.
South Africa’s solar industry has welcomed new government plans to purchase 6.8GW of additional renewables from independent power producers as of 2022, but warned that an “urgent response” is needed to tackle the country’s ongoing energy crisis.
French oil major Total will aim to cover all the electricity consumption of its European industrial sites from solar power by 2025 after securing a new development agreement with Spanish firm Ignis.
A round-up of the latest news from the US solar market, as Sunrun plans to install solar on affordable properties in California, while New York wraps up its first community solar-plus-storage project.
China’s newly announced ambition to reach carbon neutrality by 2060 and peak carbon emissions before 2030 looks set to spur on investment in solar and battery storage technology, as the country diversifies its power mix away from coal.
BayWa r.e. will construct a PV facility in Sweden with a capacity of at least 100MWp, as the renewables developer eyes a significant solar expansion in the country.
