Solar and wind power reached a record 10% of global electricity in 2021. That milestone has now been reached by 50 countries across the world including all five of the world’s largest economies, although power sector emissions have reached an all-time high, according to energy thinktank Ember.
Buy aluminium and steel when possible in order to accumulate stock and hedge against continued price rises for both. While the price of nickel has undergone a “short squeeze”, copper is likely to continue trading sideways in the near term and there is no immediate risk to silver supply.
Commercial and industrial (C&I) solar developer Altus Power has signed a major strategic partnership with Trammell Crow Company (TCC), one of the largest commercial real estate developers in the US, to bring Altus Power’s clean power solutions to TCC’s real estate projects.
Europe can halve the amount of gas in its energy mix and reduce energy costs by €323 billion (US$356 billion) if it rapidly accelerates renewable deployment, according to a new report from energy technology group Wärtsilä.
Nextracker has been selected to supply its smart solar trackers and TrueCapture technology for the first phase of a 450MW PV project in Sudair, Saudi Arabia, which Nextracker said was the country’s largest solar plant currently under construction.
The chemical process of halogen bonding has “considerable potential for the development of a new generation of solar cells based on perovskites”, according to researchers at the Polytechnic University of Milan.
The foundation of a “transformed Maxeon Solar Technologies” is nearly in place, according to the company’s CEO, after it addressed its logistical failures, experienced strong demand for its products and landed a supply contract with US residential installer SunPower.
Hanwha Solutions has an “ambitious plan” to revitalise US solar manufacturing increasing its stake in polysilicon producer REC Silicon, although it has called on the US to pass the Solar Energy Manufacturing Act (SEMA) to help support this.
NextEnergy Capital’s (NEC) recent US$896 million raise will allow it to move into less mature solar markets and upgrade its existing solar fleet, says its UK MD in an exclusive interview with PV Tech Premium.
Lightsource bp has announced a multi-year, global partnership with Singapore Artificial Intelligence and Internet of Things (AIoT) software company Envision Digital to accelerate the growth and optimisation of its solar power assets.