Australia’s new prime minister, Anthony Albanese, has pledged to make the country a renewables “superpower” following his Labor Party’s victory in Saturday’s federal election, which ousted predecessor Scott Morrison’s conservative coalition.
Solar investments in China reached RMB29 billion (US$4.4 billion) in the first four months of the year, according to the country's National Energy Administration (NEA).
Independent power producer (IPP) RES has announced a collaboration with power purchase agreement (PPA) provider Alight to develop new solar projects in central and south Sweden.
Additional subsidies to support the production of green hydrogen are being requested by industry players looking to set up bankable H2 projects, it was suggested during a panel discussion.
The EU Solar Energy Strategy, published alongside the REPowerEU strategy yesterday, has targeted 400GWdc of solar PV by 2025 and almost 740GWdc by 2030, a significant jump on the bloc’s previous targets as it looks to cut its reliance on Russian fossil fuels.
German asset manager KGAL Investment Management has acquired a majority stake in Italian renewables developer Baltex Progetti through its fund KGAL ESPF 5.
