Portuguese grid operator Redes Energéticas Nacionais has said it will invest more than €900 million (US$1.1 billion) by 2024 in technologies and improvements to the electricity network to support the country’s green energy transition.
New Spanish government grants to support the deployment of self-consumption solar projects could result in 3.5GW of additional capacity, trade association UNEF has suggested.
The American Council on Renewable Energy (ACORE) has said that a proposed transmission investment tax credit (ITC) in the US could spur US$15.3 billion of fresh investment in clean energy and enable an extra 42GW of wind and solar capacity to come online.
While foreign investors are said to be flocking to Greece’s solar sector, project developers are struggling with headwinds in the form of grid access challenges and local resistance to new renewables plants. Jules Scully looks at how these hurdles are affecting PV deployment in the country.
Renewable energy company and Solar Module Super League (SMSL) member Canadian Solar has invested in UK-based battery storage software company Habitat Energy.
Spanish tracker manufacturer Soltec saw its revenue and earnings tumble in the first quarter of the year, citing delays in PV project development due to higher raw material costs that have led to increased module prices.
After the International Energy Agency revised its renewables deployment forecast upwards by 25%, Liam Stoker looks at the difficult nature of forecasting a rapidly maturing sector amidst a changing landscape
