PV Tech Premium unpicks South Africa's recently unveiled policy measures aimed at tackling the country's energy crisis and boosting renewables deployment.
Global investment in renewable energy reached a record half-year figure of US$226 billion in H1 2022, driven by soaring demand for clean energy technologies amid the ongoing energy and climate crisis, according to a BloombergNEF (BNEF) report.
Inverter manufacture SolarEdge has posted record revenues and inverter shipments for Q2 as it benefited from strong demand for its products in the US and Europe, while addressing previous supply chain problems that had hampered performance in the previous quarter.
Solar PV costs continued to decline globally in 2021 as supply chain challenges and rising commodity prices have yet to show their full impact on project costs.
Corporate funding in the global solar sector in the first half of 2022 was down 11% year-on-year as activity dropped especially during Q2, according to research from Mercom Capital Group.
The company behind a renewables project that will feature 7GW of solar PV and 5GW / 20GWh of battery storage in Morocco is progressing with offshore surveying for four high-voltage direct current (HVDC) cables that will eventually connect the installation exclusively to the UK.
