Solar PV capacity in Asia Pacific could triple to 1,500GW by 2030, with China driving deployment and Indonesia set to be the region’s fastest-growing market, according to Wood Mackenzie.
A renewable energy hub consisting of up to 50GW of solar and wind generation for the production of green hydrogen is being planned for Western Australia.
BP’s Statistical Review of World Energy 2021, published late last week, highlights how the world’s energy systems are changing at rapid pace, but equally illustrates how that pace of change must accelerate across the world if established economies are to meet net zero targets. Liam Stoker looks at the key takeaways from the report.
US utility Alliant Energy has started construction work on a 675MW portfolio of solar projects in Wisconsin after securing approval from state authorities.
Cero Generation, a solar portfolio company of Macquarie’s Green Investment Group, has formed a joint venture (JV) with renewables developer Wattcrop that will aim to bring forward 750MW of PV in Greece over the next four years.
Corporate funding in the global solar sector in the first half of 2021 was up almost threefold year-on-year, according to a new report from Mercom Capital Group.
Solar’s dominance in recent renewables auctions in Poland has further reinforced the promising outlook for the market, with developers and analysts welcoming support provided for the construction of smaller projects.
BlackRock has secured more than US$250 million for a finance vehicle that will invest in renewables and energy storage projects in countries across Asia, Latin America and Africa.