News

More than 2GW of solar has won contracts in the UK’s latest renewables auction clearing at a strike price of £53.40/MWh (US$64.19/MWh).

Solar and wind installations in the US generated more electricity than the country’s nuclear power plants for the first time in April.

Researchers at EPFL’s Photovoltaics and Thin Film Electronics Laboratory and CSEM’s Sustainable Energy Centre have claimed an efficiency of over 30% for perovskite-on-silicon-tandem solar cells, establishing “two world records”.

A secure transition to net zero emissions globally will require countries to diversify and expand the production of solar modules, whose supply chains are heavily concentrated in China, according to new research from the International Energy Agency (IEA).

Scotland-based renewables developer Renewco Power has acquired a 2GW pipeline of US-based solar and energy storage assets from Beaufort Rosemary.

Energy major Shell will start constructing a renewable hydrogen plant in the Netherlands that it said will be the largest project of its kind in Europe when operational in 2025.

US power distribution company Entergy Arkansas has issued a request for proposals (RfP) for 1GW of solar and wind resources.

Polish developer R.Power is seeking a primary equity capital raise to fund its future growth plans in several European countries.

US PV developer Birch Creek Development has increased its existing credit facility with debt financing provider Fundamental Renewables to US$250 million to pursue its 5GW solar pipeline in the US and support its module procurement strategy.

IPP Onward Energy has entered into a bidding agreement to acquire 1,171MW of operating solar assets from Global Atlantic Financial Group.