The Australian state of New South Wales (NSW) will invest AU$1.2 billion (US$856 million) in new transmission lines and infrastructure over the next ten years to accelerate the connection of planned renewable energy zones.
US conglomerate General Electric (GE) is looking to triple its solar and battery energy storage manufacturing capacity at its newly launched Renewable Hybrids factory in India by the end of 2022 to 9GW per annum.
Danish energy company Ørsted is establishing an onshore renewables business in Spain as it looks to participate in the country’s auctions and develop solar, wind and energy storage projects.
High power prices in Europe may be obscuring the impacts of price cannibalisation that threatens the future profitability of renewable energy on the continent, with a ‘belt of doom’ observed in Germany and Spain at risk of 30% cannibalisation rates by 2030.
The US Department of Energy (DOE) has launched an initiative to ease the US’ massive interconnection queues, reduce wait times and lower grid connection costs as it strives to unlock the huge amount of bulk power currently sat dormant in the US.
Independent power producer Scatec has signed power purchase agreements (PPA) for three co-located solar and storage projects in South Africa that include 540MW of PV capacity.
Having witnessed its utility-scale solar boom peak in 2015, the UK is primed for a return to large-scale solar buildout. Liam Stoker explores the pipeline, the drivers and the role of the country’s new energy security strategy in driving new solar deployment.
