The levelised cost of electricity (LCOE) generated from solar power could fall by as much as 55% globally by 2030 as technology and production costs decline, new research from energy major bp has revealed.
A team of researchers at Massachusetts Institute of Technology (MIT) has developed a waterless and contactless solution which it says can clean the dust off solar panels without compromising the panels efficiency.
Sun Cable has closed a AU$210 million (US$152 million) Series B raise with their existing shareholders to fund the development of its Australia-Asia PowerLink (AAPowerLink) subsea cable project.
Chinese inverter manufacturer Sungrow has inaugurated a 7GW expansion to its solar inverter factory in India, taking the facility's production capacity to 10GW.
Chinese solar manufacturer Risen Energy is to supply modules to energy giant Sinopec's green hydrogen demonstration project in Xinjiang, China, which is claimed to be the world's largest PV-based hydrogen production centre.
Solar investor and asset manager NextEnergy Group has launched a new renewables development division that will aim to develop 5GW of projects within three years.
Norwegian renewables company Scatec has signed a memorandum of understanding with the General Authority for Suez Canal Economic Zone (SCZONE), The Sovereign Fund of Egypt, the Egyptian Electricity Transmission Company, and the New and Renewable Energy Authority to develop a large-scale green ammonia plant in Egypt.
US solar deployment reached a record high in 2021, but with volatile commodity prices and supply chain uncertainty leading to project delays and cancellations, utility-scale additions are set to contract this year.
Italian utility Enel Group and Spanish bank Santander have agreed to collaborate on solar PV, lithium battery storage and energy efficiency solutions for the residential and commercial and industrial (C&I) sectors.
German monitoring provider meteocontrol is to provide Colombian energy supplier Celsia with centralised monitoring services for all its PV plants in Colombia and Central America.
