Solar energy accounted for over 5% of the total electricity generation in the US in the first 10 months of 2022 as solar output increased 26.23% year-to-date (YTD), according to data released by the US Energy Information Administration.
The renewable energy arm of German industrial conglomerate Baywa Group has sold three solar plants in Spain with a total capacity of 115MW to L&G NTR Clean Power Fund, a new vehicle managed by Legal & General Investment Management and asset manager NTR.
Australia’s Renewable Energy Agency (ARENA) has awarded A$41.5 million (US$28.51 million) in funding to 13 research projects aimed at reducing solar costs.
India has undershot its 2022 renewable energy target by 30% amidst solar module supply shortages, according to research by renewables consultancy Bridge To India.
Solar module supplier Maxeon Solar Technologies has appointed Bill Mulligan as CEO, effective from 23 January, following the departure of its previous CEO, Jeff Waters, in September 2022.
The renewable energy subsidiary of Indian integrated power company Tata Power has announced plans to develop a 255MW hybrid solar and wind project in the state of Karnataka, India.
The German Federal Network Agency, the Bundesnetzagentur, has raised the maximum tariff for solar and wind energy ahead of its 2023 tenders for renewables projects. The agency said that it hopes the raised tariffs will lead to an increase in bids for renewables projects after the process saw underwhelming results in 2022.
Chinese solar PV manufacturer Talesun and French renewable energy giant Neoen have entered into a strategic partnership to develop both companies’ presence and expansion in the European PV market.
From volatile component prices and shipment challenges to an energy crisis that has supercharged solar deployment in Europe, 2022 has been a turbulent year for the global PV industry. Here, PV Tech runs down its top ten stories of the past 12 months.
