Markets & Finance

Solar projects have scooped nearly 800MW of contracts from Ireland’s first Renewable Energy Support Scheme (RESS), smashing all expectations.

A round-up of the latest news from the US, where New Jersey utility PSEG is considering offloading its solar business and Sunrun joins forces with SK E&S for “electrification venture”.

Mexico’s president has pledged to change power dispatch rules, shunting privately owned renewables down the pecking order, in the latest twist of an ongoing spat between his regime and the clean energy sector.

Microinverter supplier Enphase Energy saw its Q2 revenue shrink 6% year-on-year as it was affected by reduced demand as a result of COVID-19.

BP has set its sights on amassing a 50GW renewables portfolio by 2030 as it lays out its strategy to become a net zero company.

Hybrid and co-located solar-storage projects can provide “considerable benefits” to grids in the US, but only if market rules and practices undergo a wholesale revamp.

SolarEdge has lauded its global strength as strong sales in Europe and Australia helped offset a decline in the US in the second quarter of the year.

Suntech has confirmed that the 1.5GW, first-phase expansion of its manufacturing facilities in Wuxi has been placed into production.

A round-up of the latest news from Europe’s solar market, as European Energy sells off Denmark’s first solar farm built using bifacial panels and both RWE and Octopus snap up French solar assets.

Last week saw the publication of both AEMO’s Integrated System Plan and National Grid ESO’s Future Energy Scenarios, two documents which project the evolution of Australia and the UK’s national grids. Liam Stoker compares the two and identifies the mutual lessons to be learned.