While solar PV and wind deployment will far outstrip additions from other electricity sources over the next decade, clean energy progress is still lagging behind what is needed to put global emissions into sustained decline towards net zero, the International Energy Agency (IEA) has warned.
Reliance New Energy Solar (RNES) has invested US$29 million in German wafer technology company NexWafe’s Series C financing round as it looks to establish wafer production facilities in India.
China has started building work on the first 100GW phase of a solar and wind buildout that is likely to see hundreds of gigawatts deployed in the country's desert regions.
Japanese oil and metals giant Eneos has bought Japan Renewable Energy Corporation (JRE) as it seeks to bolster its sustainable portfolio and target renewables growth.
US Department of Energy (DOE) secretary Jennifer Granholm has announced a new National Community Solar Partnership (NCSP) target to have community solar projects provide 26GW of power and create US$1 billion in bill savings by 2025.
The investment required to upgrade and expand transmission infrastructure across the world will be a key challenge as more renewables come online, consultancy EY has warned.
Polish solar developer R.Power is tendering for PV modules, structures and other components worth nearly €200 million (US$231 million) as it seeks to build its solar pipeline in Poland.
Two consortiums have been selected to take part in the tender for the construction and operation of the first long-distance high-voltage direct current (HVDC) power line in Chile, with a capacity of 3GW.
Independent power producer Nexif Energy has secured a ten-year power supply agreement (PSA) for a 75MWp solar plant to be constructed in the Philippines.