The European Union (EU) has raised its 2030 emissions reduction target by 15 percentage points after solid levels of renewable energy deployment mean the bloc is on track surpass its previous goal.
US wholesale energy markets will be opened up to distributed energy resources (DERs) such as small-scale solar units and battery storage systems under a new ruling that proponents say will enhance grid reliability and lower costs for consumers.
Trina Solar’s new Vertex series of high power modules have passed TUV Rheinland’s comprehensive reliability tests in what the manufacturer described as “another major breakthrough” for its latest product additions.
Lithuanian state-owned energy company Ignitis Group has signed an agreement to acquire solar parks in Poland with a total capacity of up to 170MW from developer Sun Investment Group (SIG).
A round-up of the latest news from the US solar market, as Duke Energy unveils what it has described as “next generation net metering” in South Carolina and more details emerge of Sunpower spin-off Maxeon’s top table.
The renewable energy arm of Greek utility Public Power Corporation (PPC) is looking to increase collaborations with major solar industry players to fast-track its aim of installing 2.3GW of PV parks.
The rapid transition in the upstream manufacturing solar sector to significantly larger p-type and n-type monocrystalline wafers, cells and modules may be hailed as a new era for the industry in higher module performance and a leap in reducing PV power plants LCOE (Levelized Cost of Electricity) in a rapidly changing downstream market that becomes subsidy free, bidding orientated and targeting grid parity and beyond. But issues such as reliability lurk just below the surface.
Global governments could divert massive amounts of public funds from cancelled, large-scale power generation projects, such as nuclear, towards solar and other renewables to deliver consumers more value for money.
BP has set lofty targets for its renewables ambitions, backing bifaciality and merchant revenue strategies to provide major boosts as it targets 50GW of renewable capacity by 2030.
