Oil and gas major Shell is to ramp up its renewable energies division in order to decarbonise its operations and strive towards a net-zero-by-2050 target.
World’s top asset manager cites appetite for ‘resilience’ in era of volatility as it smashes US$3.5bn target of GEPIF III fund, set to invest in solar, storage and other renewables and non-renewables.
New figures from regulator UPME show nearly 70% of all energy projects currently proposed are solar, setting the scene for growth spurt in the country using auctions to catch up on the renewable front.
China-based PV backsheet and high-efficiency PV manufacturer Jolywood (Suzhou) Sunwatt Co expects to report a small loss in the first quarter of 2020 due to the impact of COVID-19 on its materials and solar module manufacturing operations.
Massachusetts has issued an emergency regulation to its Solar Massachusetts Renewable Target (SMART) programme, that includes doubling the PV capacity it seeks to help deploy as well as mandating the addition of energy storage on projects over 500kW.
European independent power producer (IPP) Encavis has acquired a portfolio of Dutch solar assets with a combined capacity of 80MWp from renewables developer BayWa r.e.
Jolywood (Taizhou) Solar Technology Co, the PV module manufacturing arm of major PV backsheet manufacturer Jolywood (Suzhou) Sunwatt Co said it had made a conversion efficiency breakthrough with n-type TOPCon (Tunnel Oxide Passivated Contact) high-efficiency bifacial solar cells.
The University of Pennsylvania has signed a long-term power purchase agreement to procure clean electricity from what’s claimed to be the commonwealth’s largest solar project.
Energy storage manufacturing giant CATL has partnered with Shenzhen KSTAR Science & Technology to construct a new lithium-ion battery manufacturing facility Fujian, China.
Figures coming to light in recent days show industry reached all-time highs in Germany and Spain and became part of broader renewable milestones in at least the UK and Australia.
