Solar installations in Central America must more than double this decade, before doubling again out to 2050 if the region is to be put on the lowest-cost path towards decarbonisation, a study by the International Renewable Energy Agency (IRENA) has found.
California’s grid operator has green-lighted a new plan to upgrade and expand the state’s transmission system as more renewables come online amid increased electrification.
JinkoSolar has revealed details of a multi-project silicon pull rod, module assembly and aluminium frame expansion in China, which the manufacturer is to invest a combined RMB20.8 billion (US$3.27 billion) in.
Subsidies could still be an important driving force of solar adoption among low- and moderate-income (LMI) households in the US given the relatively high up-front cost of installing PV systems, according to Lawrence Berkeley National Laboratory (Berkeley Lab).
The drive to electrify Sub-Saharan Africa will require US$350 billion of investment and could reveal an alternative vision for the energy transition that focuses on a decentralised, bottom-up solar-and-storage rich grid that takes advantage of cheap solar power, according to research firm Wood Mackenzie.
Brazilian energy utility company Neoenergia has signed a €200 million (US$221 million) loan from the European Investment Bank (EIB) to finance 715.5MW of renewable projects in Brazil.
The quoted price of residential solar in the US inched up in the second half of last year, most likely due to the effects of supply chain constraints and shortages, new research from marketplace provider EnergySage has revealed.
A high court in the Indian state of Andhra Pradesh has ruled that state distribution companies (Discoms) must honour the power purchase agreements (PPA) they signed with electricity producers and settle any debts within six weeks in a move with potentially huge significance for the country’s solar sector.
SolarEdge Technologies is planning to carry out a public offering of 2 million shares of its common stock, with proceeds to potentially fund acquisitions.
Canadian Solar said it expects margin pressure at its manufacturing division to ease throughout 2022, with demand returning in China from Q2 and pricing strategies used to offset soaring material and logistics costs.
