Investment in the off-grid solar sector hit a record US$450 million in 2021, according to the latest report from the Global Off-grid Lighting Association (GOGLA).
Polysilicon prices will likely continue rising throughout 2022 and only soften towards the very end of the year, driven by unfaltering demand and panic buying.
The Australian state of New South Wales (NSW) will invest AU$1.2 billion (US$856 million) in new transmission lines and infrastructure over the next ten years to accelerate the connection of planned renewable energy zones.
Around 1 million households in New South Wales (NSW) will soon be eligible to receive a free rooftop solar system as the Australian state also begins a registration of interest process for its latest renewable energy zone (REZ).
US conglomerate General Electric (GE) is looking to triple its solar and battery energy storage manufacturing capacity at its newly launched Renewable Hybrids factory in India by the end of 2022 to 9GW per annum.
Solar manufacturing products provider RENA Technologies has partnered with India’s Kredence Performance Materials to offer solar cell texturing capabilities to India’s burgeoning PV manufacturing market.
Global investment manager CarVal has invested €100 million (US$107 million) in Swedish solar company Svea Solar to support its expansion of utility-scale solar plants in Europe.
Danish energy company Ørsted is establishing an onshore renewables business in Spain as it looks to participate in the country’s auctions and develop solar, wind and energy storage projects.
