The German Federal Network Agency has announced the results of its most recent auction for ground-mounted utility-scale solar PV, with 677MW worth of applications received and just 609MW approved out of a possible 890MW tendered.
As of today, less than 10% of the necessary solar and wind power needed for a 2050 global net zero scenario exists, whilst global electricity generation will need to more than triple to 80,000TWh, according to the 2022 BloombergNEF (BNEF) New Energy Outlook.
US Secretary of The Interior Deb Haaland has announced plans to expand solar deployment on public lands across the west of the country, including three major solar projects in Arizona representing just under 1GW of capacity.
Canadian Solar has signed a 256MW module supply agreement with South African independent power producer (IPP) SOLA Group. The modules will supply what Canadian Solar has said will be South Africa’s two largest solar PV plants.
Amazon has expanded its renewable energy presence in India with two solar-wind hybrid projects to be developed in partnership with Vibrant Energy, a subsidiary of Macquarie Green Investment Group.
D.E. Shaw Renewable Investments (DESRI), the US renewable energy developer, has signed a 200MW power purchase agreement (PPA) with tech and social media titan Meta for power produced at the Long Lake solar project in Arkansas.
The Australian Energy Market Operator (AEMO) has released its roadmap to reaching 100% renewable generation in the Australian National Electricity Market (NEM) by 2025.
The government of the Netherlands announced a €130/MWh (US$136) profit ceiling for solar and wind generation this week as part of the EU’s established ‘intramarginal levy’ scheme to curb excessive energy profits due to rising costs.
