Developing, sourcing, building and maintaining solar PV projects routinely runs into the millions of dollars of long-term investment, and the impacts of serious theft on a solar asset owner can result in lost revenues, lost energy generation and sometimes lost insurance and ability to operate.
Latin America and the Caribbean need to double financing for clean energy projects to US$150 billion by 2030 to fulfil the Announced Pledges Scenario (APS), according to the International Energy Agency’s Latin America Energy Outlook.
US EPC company McCarthy Building Companies has begun construction on four solar PV projects in Texas and Arizona, with a view to achieving compliance with IRA incentives.
A total of AU$150 million will be made available for applications focusing on regional decarbonisation of industrial process heat and off-road transportation.