Clean energy investment platform Renewable Power Capital (RPC) has announced the creation of a new joint venture that will develop and acquire 3.4GW of solar PV in Spain.
Despite additional solar and wind contributing to a record reduction in global coal generation last year, new renewable energy projects are still not being built quickly enough to keep pace with rising electricity demand.
More than 180GW of solar will be deployed globally this year as the sector defies headwinds including higher module prices and supply chain constraints, IHS Markit has said.
Market leading PV module film material manufacturer, First Applied Materials has reported soaring profits on the back of growing demand, increased capacity and higher average selling prices (ASPs) for the fourth quarter and full-year 2020.
UK energy supplier Octopus Energy is to take on Octopus Renewable’s assets as part of an internal transaction that will see it become on of Europe’s largest renewable energy generators.
German agriculture group BayWa is forecasting a significant revenue rise for its renewables unit this year, thanks to a strong project pipeline and growth in PV component trading.
