New policies in major energy markets would accelerate the investment in clean energy to US$2 trillion by 2030 in the states policies scenario (STEPS), according to a report from the International Energy Agency (IEA).
US microinverter manufacturer Enphase has plans to establish four to six new manufacturing lines in the US by mid-2023 as it seeks to take advantage of manufacturing production tax credits contained with the Inflation Reduction Act (IRA).
Germany-based Goldbeck Solar has broken ground on its 47MW solar plant in Alberta, Canada, the first project to enter construction as part of a 100MW portfolio that Goldbeck Solar is developing in a joint venture with PACE Canada LP.
Renewables asset manager Arevon Energy has bagged more than 2GW of First Solar’s Series 7 thin film PV modules as it continues its supply arrangement with the US manufacturer.
Spanish renewables platform Matrix Renewables has closed financing for construction of its California-based Gaskell 2 and 3 solar-plus-storage projects, which are already in an advanced construction phase.
ib vogt has reached commercial operation (COD) of its 116MWp Coara Marang Solar Project in Malaysia, which has a 21-year power purchase agreement (PPA) in place with Tenaga Nasional Berhad, Malaysia’s largest electricity utility.
US subsidiary of materials and construction company Saint-Gobain has signed a 10-year, 200MW solar power purchase agreement (PPA) with energy major TotalEnergies.
Australia’s recently elected Labor government has revealed the country’s federal budget for the next four years, which includes roughly AU$25 billion (US$16.02 billion) in clean energy investments.
The world installed around 174GW of solar PV in 2021, a 20% jump on the previous year, and is expected to deploy 260GW this year, barring any major disruptions to international trade.
