Galp’s head of Renewable Energy Innovation Centre Emilien Simonot and its environment and CSR manager Claudia Montenegro detail the essential considerations for the solar industry from an ESG perspective.
As of today, less than 10% of the necessary solar and wind power needed for a 2050 global net zero scenario exists, whilst global electricity generation will need to more than triple to 80,000TWh, according to the 2022 BloombergNEF (BNEF) New Energy Outlook.
Renewables company CWP Global has signed a memorandum of understanding with the Government of Djibouti to develop a 10GW renewable and green hydrogen hub in Djibouti.
Tracker manufacturer Ideematec has signed a tracker supply agreement with utility-scale developer Solar Proponent for some of its solar projects in Texas, the US.
German solar developer Juwi, through its Italian subsidiary Juwi Energie Rinnovabili, has acquired 70% shares in Italian developer GEMdev, consolidating its presence in Italy.
The US Department of Commerce has found that imports of some PV cells and modules produced in four Southeast Asian countries are circumventing antidumping duty and countervailing duty (AD/CVD) orders on solar cells and modules from China.
The government of the Netherlands announced a €130/MWh (US$136) profit ceiling for solar and wind generation this week as part of the EU’s established ‘intramarginal levy’ scheme to curb excessive energy profits due to rising costs.
Europe needs to galvanise a competitive PV manufacturing ecosystem in the same vein as the US Inflation Reduction Act (IRA), according to the European Solar Manufacturing Council (ESMC).
PV and solar-plus-storage costs have risen year-on-year (YoY) in the US, according to the annual price benchmarking analysis by the National Renewable Energy Laboratory (NREL).
