Canadian Solar has secured a €50 million (US$59.7 million) bilateral corporate facility with Banco Santander to support its project development efforts in Europe, the Middle East and Africa (EMEA).
California Public Utilities Commission has approved a 11.5GW procurement of electricity capacity from greenhouse gas-free sources, while also approving a resolution that campaigners said will have severe negative impacts on the state’s residential solar and solar-plus-storage growth.
Yesterday the US government ended months of speculation by enacting a withhold and release order (WRO) on solar imports to the US linked to specific polysilicon providers in China suspected of having used forced labour. Liam Stoker analyses what we know so far and, crucially, what the industry still needs to know before it can proceed.
The cost of building and operating new utility-scale PV is now cheaper than running existing coal plants in China, India and across much of Europe. However, rising commodity prices could see PV projects become temporarily more expensive in the second half of 2021, according to BloombergNEF analysis.
Amazon has announced 14 new renewable projects in the US, Canada, Finland, and Spain, strengthening its position as the largest corporate buyer of renewables globally
The US government is set to block the imports of some solar products with links to the Xinjiang region of China in response to allegations of the use of forced labour.
US-based solar manufacturers have enthusiastically backed proposed tax credits that they say could enable the country to meet its PV equipment demands domestically while creating tens of thousands of new jobs.
The amount of renewable energy that came in cheaper than the most competitive fossil fuel option doubled last year, according to new analysis from the International Renewable Energy Agency (IRENA).
