European renewable power purchase agreement (PPA) prices surged 8.1% in Q1 2022 and 27.5% year-over-year as the effects of the war in Ukraine further deepened the region’s energy crisis and caused upward price pressures, according to LevelTen Energy.
French energy major TotalEnergies and Japanese oil company Eneos have formed a joint venture (JV) to develop 2GW of decentralised solar capacity across Asia over the next five years.
Major capacity additions in Asia’s non-hydropower renewables sector will facilitate the region's ability to supply electricity amid rising power consumption needs, which look set to outpace all other regions as economies continue to expand after the easing of COVID-19 restrictions, according to a Fitch Solutions’ report.
First Solar has signed a master supply agreement to supply 4GWdc of thin-film solar PV modules to independent power producer (IPP) Silicon Ranch with deliveries running from 2023 to 2025.
Technology company Aqua Aerem has entered into a joint development agreement with Japanese energy producer Osaka Gas for its 10GW Desert Bloom Hydrogen project in Northern Australia.
Battery storage manufacturer NGK Insulators has invested in EneCoat Technologies, a spin-out of Kyoto University involved in the development of of perovskite solar cells.
India is set to fall well short of its 2022 solar target of 100GW of installed solar capacity due to the slow uptake of rooftop solar, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research.
The sixth bidding round of South Africa’s Renewable Energy Independent Power Producers Procurement Programme (REIPPPP) has opened for interested parties.