The German Federal Network Agency, the Bundesnetzagentur, has raised the price cap for this year's ground-mounted solar tender to attract interest in auctions.
A new initiative, the Africa Renewable Energy Manufacturing Initiative (AREMI), has been launched with the aim to scale up renewable energy manufacturing capabilities in Africa.
A 500kV, 125-mile transmission line between California and Arizona broke ground last week, promising to bring over 3GW of renewable energy capacity to the US Desert Southwest region.
As reports come in predicting stunted growth for Indian solar in 2023, PV Tech Premium spoke to Vinay Rustagi, managing director of Bridge To India, about the obstacles facing the sector in the next year and the prospect of light at the end of the tunnel.
The Inflation Reduction Act (IRA) is set to boost investment into US renewable energy deployment and manufacturing from US$64 billion in 2022 to US$114 billion by 2031, according to research from Wood Mackenzie, though a mismatch between solar deployment demand and domestic manufacturing capacity may see the sector’s domestic profile lag behind.
A state-owned solar-plus-storage project being developed in Mexico firmly establishes the shift in government thinking on energy storage, a local battery storage firm told sister site Energy-Storage.news.
Europe’s solar industry must address the talent shortage, supply chain challenges and permitting hurdles to build on last year’s strong installation figures, according to PV industry experts.
Following months of discussion and encouragement from the European solar industry, the EU has announced a multi-pronged scheme to drive renewable energy and clean technology development, with the aim of putting the European market at the forefront of the global energy transition.
With a recent wave of policies and renewable reforms, investments are set to be boosted in India with solar-wind hybrid projects and corporate power purchase agreements among key trends.