News

Following the example of by the Inflation Reduction Act (IRA) in the US was among the opportunities discussed for the European solar sector.

In 2023, a collective US$1.8 trillion went towards energy transition technologies and their supply chains, including solar PV and other renewable generation, grids, electrified transport and clean tech factories.

Two solar PV plants have been installed in gold mines in the Democratic Republic of Congo (DRC) and Mongolia to supply clean energy to their operations.

The European Commission has targeted a 90% share of EU electricity consumption by 2040 to come from renewables – mostly solar and wind – and complemented by nuclear energy, according to a leaked draft first obtained by French media Contexte.

Several US senators have urged the Biden Administration to increase tariffs on Chinese-made PV module, cell and wafer imports, claiming they are a threat to US solar manufacturing.

Sunrun has published the results of its Peak Power Rewards system that saw residential systems send power to the California grid for 90 days.

Global renewables investment platform Qualitas Energy has acquired US solar and storage platform Heelstone Renewable Energy for an undisclosed sum.

Pexapark has found that European buyers struck power purchase agreements (PPAs) for a record 16.2GW of clean power in 2023.

Indian conglomerate Larsen & Toubro has been contracted to build a 1.8GWac solar PV project as part of Dubai's Mohammed bin Rashid Al Maktoum Solar Park.

Portuguese utility EDP, through its subsidiary EDP Renewables (EDPR), has acquired Australian solar developer ITP Development.