Spain will carry out an auction this October for 3.3GW of solar PV and wind capacity as the country’s government aims to speed up renewables deployment in the face of soaring electricity bills.
The number of jobs across the global solar PV sector could increase almost tenfold in the next 30 years if the world transitions to derive 100% of its energy from renewables by 2050, new research has suggested.
German independent power producer (IPP) Encavis reported revenue growth in the first half of the year due to the contribution of two new Spanish PV plants that offset the impact of weaker weather conditions.
Tianjin Zhonghuan Semiconductor (TZS) has more than doubled its revenue in the first half of the year as the wafer provider took advantage of what it described as a rapidly developing PV industry.
The California Energy Commission has approved rules that would require new buildings, including multifamily housing and commercial structures, to be equipped with solar and battery storage.
US tracker manufacturer FTC Solar is turning to alternative shipping methods and cost-cutting initiatives in a bid to return the business to profitability in Q4, with the company’s cost base continuing to surge.
A consortium that is developing Saudi Arabia’s largest solar project has reached financial close for the plant and has secured the backing of state oil producer Saudi Aramco.