European renewable power purchase agreement (PPA) prices surged 8.1% in Q1 2022 and 27.5% year-over-year as the effects of the war in Ukraine further deepened the region’s energy crisis and caused upward price pressures, according to LevelTen Energy.
Major capacity additions in Asia’s non-hydropower renewables sector will facilitate the region's ability to supply electricity amid rising power consumption needs, which look set to outpace all other regions as economies continue to expand after the easing of COVID-19 restrictions, according to a Fitch Solutions’ report.
India is set to fall well short of its 2022 solar target of 100GW of installed solar capacity due to the slow uptake of rooftop solar, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research.
The impact of solar resource variability on several key global PV markets including India, Australia and North America has been revealed by a ten-year analysis from solar irradiance consultancy Solargis that illustrates “significant deviations from long-term averages”.
Statkraft Italy has signed a four-year research agreement with the Department of Agro-Environmental and Territorial Sciences (DiSAAT) at the University of Bari Aldo Moro in Italy to explore the potential of agri-photovoltaics (agri-PV) in Europe.
Governments must ensure that their energy security policies are compatible with net-zero scenarios mapped out by the International Energy Agency (IEA) or the Intergovernmental Panel on Climate Change (IPCC), according to the UN’s Environment Programme (UNEP).
Germany’s government is planning to slash red tape for new renewables projects as part of a new package of measures that will see the country’s already ambitious solar deployment targets be raised even further.
The Philippines looks set to significantly ramp up its solar deployment, according to Fitch Solutions, which has revised up its forecasts for the country’s non-hydro renewables sector in line with a rapidly-expanding project pipeline and growing regulatory support.
