More than half of utility-scale solar projects planned for next year could be at risk of delay or cancellation as a result of surging materials and logistics cost, new analysis has claimed.
As prices rise and component availability remains tight, both solar’s upstream and downstream are rallying behind the common cause of ensuring which projects can go ahead, do go ahead in a timely fashion. Liam Stoker assesses the industry’s efforts to keep the supply chain moving forward.
India installed around 8,811MW of solar between January and September 2021, a 280% increase on the same period of 2020, according to JMK Research & Analytics.
Swiss fund manager SUSI Partners is acquiring a portfolio of more than 200MW of distributed solar PV and wind assets in Chile, marking its first investment in Latin America.
A consortium led by Sunseap Group has signed a memorandum of understanding to develop 7GWp of PV projects at an Indonesian archipelago that will transmit energy to Singapore via a proposed subsea cable.
NextEra Energy Partners (NEP) has agreed to buy a 50% stake in a 2.5GW renewables portfolio and enter into a US$824 million convertible equity portfolio financing that includes the acquired assets
South African public utility Eskom has signed a Memorandum of Understanding (MOU) with mining companies Exxaro and Seriti Resources to help decarbonise their operations by deploying solar PV
Oil and gas company Galp has secured loans from the European Investment Bank (EIB) to support the construction of more than 2.1GWp of solar projects across Spain and Portugal.
