The renewables sector has been named among the most pandemic-resilient infrastructure sub-sectors, thanks in part to its ability to secure finance as well as government efforts to grow the green economy, according to a new white paper from investment firm Foresight Group.
South Africa’s solar industry has welcomed new government plans to purchase 6.8GW of additional renewables from independent power producers as of 2022, but warned that an “urgent response” is needed to tackle the country’s ongoing energy crisis.
French oil major Total will aim to cover all the electricity consumption of its European industrial sites from solar power by 2025 after securing a new development agreement with Spanish firm Ignis.
LONGi is to provide 360MW of solar modules for use at supplier TBEA’s production base in a deal that will also see the first deployment of the module manufacturer’s Hi-MO 5 product.
A round-up of the latest news from the US solar market, as Sunrun plans to install solar on affordable properties in California, while New York wraps up its first community solar-plus-storage project.
BayWa r.e. will construct a PV facility in Sweden with a capacity of at least 100MWp, as the renewables developer eyes a significant solar expansion in the country.
Ginlong Solis has introduced to the European market its latest utility-scale string inverter. The ‘Solis 255kW-EHV’ high voltage (1500V) inverter is designed to maximize PV power plant yields in the new era of high-performance large-area solar panels including bifacial panels, while significantly reducing plant LCOE (Levelized Cost of eElectricity) costs, compared to central inverters.
Investment firm Blackstone has formed a new portfolio company that will finance and own distributed energy assets focused on commercial, industrial and institutional customers.
