BP-backed renewables group Lightsource BP is set to invest €900 million (US$1.1 billion) in solar company INSUN to fund the development of five utility-scale solar projects across Portugal.
Oil and gas company Lukoil has commissioned a 20MW PV plant that features heterojunction (HJT) modules from Hevel and has been constructed at a refinery in Russia’s southern Volgograd region.
Solar electricity output in the US outpaced all other renewables and grew by nearly a quarter (24.3%) in the first three months of 2021 compared to last year, new data from the country’s Energy Information Administration (EIA) has shown
ReneSola Power is aiming to build on its solid first quarter financial performance to reach a 2GW PV project pipeline by the end of the year, as it prepares to enter at least two new Europen markets.
GCL System Integration has been recognised as a top performer within the PV Evolution Labs (PVEL) module reliability scorecard for a fifth consecutive year.
A total of 117 modules from 26 manufacturers have received ‘Top Performer’ status within PV Evolution Labs’ (PVEL) 2021 Module Reliability Scorecard, however the report has also highlighted an increase in failure rates within the industry.
Trade association SolarPower Europe (SPE) has called on the European Union to increase the share of renewables in final energy demand to at least 45% by 2030, a move it says would put the bloc on track to deliver on the 1.5° Paris Agreement scenario.
