Investors are turning away from fossil fuels and shifting into renewables because of falling costs and climate targets, with US banks lagging behind their European and Asian counterparts
A round-up of the latest stories from the US solar market, featuring proposals to support long-duration energy storage, patent successes from LONGi and the completion of a microgrid at Pittsburgh International Airport that features 20MW of solar.
Residents and conservation groups have filed a lawsuit in federal district court against the Alabama Public Service Commission for approving utility company Alabama Power’s charges on customers with rooftop or on-site solar
India government-owned NTPC Renewable Energy has been given approval by India’s Ministry of New and Renewable Energy (MNRE) to build a 4.75GW solar project in Gujarat, India.
Altus Power is merging with a special purpose acquisition company (SPAC) in a transaction that values the commercial and industrial (C&I) solar and storage developer at US$1.58 billion.
Enel Green Power has bolstered its position in the US solar and energy storage markets by acquiring a 3.2GWdc portfolio of solar and solar-storage projects.
Elon Musk and Tesla’s court case regarding its acquisition of solar installer SolarCity has got underway in the US this week, with shareholders of the energy and automotive company alleging that fiduciary duties were breached when the deal was agreed.
BP’s Statistical Review of World Energy 2021, published late last week, highlights how the world’s energy systems are changing at rapid pace, but equally illustrates how that pace of change must accelerate across the world if established economies are to meet net zero targets. Liam Stoker looks at the key takeaways from the report.
