South Africa’s solar sector has welcomed a new reform that will increase the country’s licensing exemption threshold for embedded generation projects from 1MW to 100MW.
Queensland will invest AU$2 billion (US$1.55 billion) on renewables and hydrogen jobs to support the Australian state’s economic recovery from COVID-19 and help it deliver on its 50% clean energy target by 2030.
Renewables group BayWa r.e. and its Dutch subsidiary GroenLeven have partnered with Netherlands energy network operator Alliander to build a pilot green hydrogen project powered with a 50MWp solar farm.
Polish PV developer R.Power has launched a green bond issuance worth up to €225 million (US$274.3 million), the proceeds of which will be used to increase its solar power capacity in Europe.
First Solar has unveiled plans to more than double its US manufacturing capacity with a 3.3GWdc facility in Ohio that will produce thin film PV modules for the country’s utility-scale solar sector.
Italian utility A2A has said it will be able to accelerate its renewable generation growth plans thanks to a new partnership with investment house Ardian, as the partners establish what they claim will be Italy’s second-largest platform focused on the energy transition.
Green energy investments in developing countries will need to reach US$1 trillion within the next nine years for the world to reach net zero emissions by 2050, according to the International Energy Agency (IEA).
