The US should aim for 100GW of annual domestic renewable energy manufacturing capacity by the end of the decade, with a focus on solar, wind and energy storage, the Solar Energy Industries Association (SEIA) has said in a new report.
NTPC, India’s largest power company, is aiming to add more than 5GW of new solar capacity in the next two years as it builds its renewables presence overseas thanks to a collaboration with the International Solar Alliance (ISA).
Solar and wind power represent a US$1 trillion investment opportunity in Asia Pacific this decade, equivalent to two-thirds of the region’s power generation sector, as countries move away from fossil fuel generation in favour of greener alternatives.
Queensland’s three state-owned energy corporations will be able to increase their ownership of commercial renewable projects thanks to a new AU$500 million (US$364.45 million) renewable energy fund announced yesterday.
Transporting green hydrogen produced using solar PV in North Africa could be up to 15% cheaper than producing it domestically in Italy, a new study compiled by think tank The European House – Ambrosetti and natural gas giant Snam has found.