Policy

The EU will need to create a more resilient supply chain, improve the grid, and reexamine multiple constraints to achieve a more orderly energy transition, according to a study conducted by analysis company McKinsey.

The state-owned Moroccan Agency for Sustainable Energy (Masen) has opened the third tender of its solar-plus-storage Noor Midelt project.

India has surpassed 70GW of installed solar capacity as of the 30th June this year, according to the country’s government. It initially had a target of 100GW capacity by 2022.

Romania has released information concerning its upcoming first round of Contract for Difference (CfD) which seeks 1GW of solar PV.

The Canadian Government has released a document outlining its intentions for the country’s energy transition away from carbon generation.

The New Zealand government and BlackRock have launched a NZ$2 billion (US$1.2 billion) fund to support renewable generation in the country.

With multiple European countries submitting their revised National Energy and Climate Plans (NECPs) in recent months, the European Union (EU) is targeting an extra 90GW of solar capacity by 2030.

New Zealand has submitted nine solar PV projects for fast-track approval since 2020, totalling 1,147MWp in power generation capacity.

To enable the clean energy transition, energy investors and producers want certainty, which can come through power purchase agreements.

As solar PV continues its accelerated growth, 2023 is expected to be no exception with 270GW of capacity to be added, according to Wood Mackenzie.