Spanish solar developer Grenergy has issued €52.5 million (US$57.55 million) of green bonds to help the company finance a pipeline of projects, including a 1GW portfolio in Colombia.
Solar, wind and energy storage will do much of the heavy lifting in decarbonising the energy sector, with fossil fuel assets left stranded, however time is running out to realise that shift and limit global warming.
Tata Power Solar has commissioned a 160MW solar project in the north-western Indian state of Rajasthan as it continues its PV roll-out across the country.
US solar manufacturers can compete with Chinese companies for US PV projects given additional import costs and modules making up less than half a project's costs, while also ensuring a secure supply to the US market, lowering the carbon intensity of products and exploiting strong market demand, says Michael Parr, executive director of the Ultra-Low Carbon Solar Alliance (ULCSA).
Microinverter supplier Enphase Energy will expand its global manufacturing capacity by partnering with manufacturer Flex in Timisoara, Romania for its European base.
Tata Power subsidiary Tata Power Renewables Energy (TPREL) has commissioned a 300MW solar project in Gujarat, India which it claimed was India’s largest single-axis solar tracker system.
Solar developer ib vogt is partnering with the energy platform of Philippine conglomerate Ayala to develop large-scale PV projects in the Asia-Pacific region.
Indian renewables company ReNew Power, oil refiner IndianOil and engineering company Larsen & Toubro (L&T) have formed a joint venture (JV) to develop green hydrogen projects in India, with the latter two forming a separate JV dedicated to manufacturing electrolysers in India.
Major polysilicon and merchant cell producer Tongwei Group is to invest in an additional 32GW of solar cell capacity through a RMB12 billion (US$1.9 billion) investment in partnership with the government of Meishan City, in Sichuan Province, China.
In September 2021 Lightsource bp set itself the target of reaching financial close on 25GW of solar by the end of 2025. Liam Stoker spoke to the developer’s leadership team to discover how it is expanding into new markets, securing financing deals and assembling a workforce capable of reaching that target.
