Scatec will develop three projects in South Africa totalling 540MW of solar and 225MW / 1,140MWh of battery storage after being awarded preferred bidder status through a government tender.
Renewables are set to account for 70% of global investment in new power generation capacity this year with solar PV leading the growth, but spending on clean energy must accelerate much more rapidly if the world is to meet its climate goals.
On the back of this year’s PV Evolution Labs’ Module Reliability Scorecard, PV Tech’s Liam Stoker speaks to Tristan Erion-Lorico about how the industry can tackle its increasing junction box failure problem, the possible threat to large-format modules from microcracks and the key takeaways for solar project developers.
Liam Stoker explores solar’s role within the International Energy Agency’s net zero roadmap, charting its prospective journey to more than 14.5TW of installed capacity, a global and highly-skilled workforce and trillions of dollars of invested capital.
BP has secured an agreement to acquire 9GW of US solar projects from developer 7X Energy, a deal it says represents “a significant step” towards the company’s target of growing its net developed renewables capacity to 20GW by 2025.
Financial commitments for utility-scale renewables projects in Australia have slowed to the lowest level in the past five years, according to the Clean Energy Council (CEC), which revealed investment in large-scale batteries in the country is booming.
Lightsource BP has said it won more than 40% of the total awarded capacity in Greece’s renewables auction last week through a co-development partnership, increasing its global presence to 14 countries.
A round-up of the latest news from the US solar market, as Amber Infrastructure Group forms a Michigan-focused renewables development firm and Guzman Energy partners with Primergy Solar on a new Colorado PV project.
Solar PV bidders picked up all the available 350MW of capacity in Greece’s latest renewables auction, which took place on 24 May and closed with lower prices than the country's previous tenders.
India installed just over 2GW of solar in Q1 2021 as the country rebounded from COVID-19 related delays, however full-year installs could fall to well below previous estimates, one forecast suggests.
