Installed solar PV capacity globally will grow 20-fold by 2050, when the technology will represent 38% of all electricity production, according to a new DNV report.
Solar developer ReneSola Power has acquired UK-based utility-scale PV and battery storage developer Emeren as it expands its footprint in Italy and other European markets.
AES Corporation has gotten a “head start” in the race to deploy renewables in the US following the passing of the Inflation Reduction Act (IRA), said its chief development officer for clean energy.
RWE will build a more diversified renewables portfolio following its acquisition of Con Edison Clean Energy Businesses, a deal the German utility said will make it the second-largest solar operator in the US.
Microinverter supplier and home energy solutions company Enphase Energy is targeting greater growth in the European market following strong tailwinds in the region but is also seeking to draw on the experience of partner companies in Europe to drive growth across the US.
