Renewables are set to account for 70% of global investment in new power generation capacity this year with solar PV leading the growth, but spending on clean energy must accelerate much more rapidly if the world is to meet its climate goals.
Liam Stoker explores solar’s role within the International Energy Agency’s net zero roadmap, charting its prospective journey to more than 14.5TW of installed capacity, a global and highly-skilled workforce and trillions of dollars of invested capital.
Dubai Electricity and Water Authority (DEWA) and Siemens Energy have inaugurated the Middle East’s first industrial-scale, solar-powered green hydrogen project, which is powered by the Mohammed bin Rashid Al Maktoum Solar Park.
An international consortium has unveiled plans for a hydrogen complex in Oman that will feature 25GW of solar and wind capacity and produce millions of tonnes of green fuels per year.
German developer and EPC contractor juwi has secured a deal to design, supply and build a solar-storage hybrid project at an off-grid gold mine in Egypt.
Solar developer ACWA Power has secured a total US$114 million from financial institutions to fund the construction of what it claims will be Egypt’s largest private solar plant.
Q CELLS has secured a deal to supply its modules to part of a 370MW portfolio of seven solar projects under development in Angola, the first of which is expected to be complete next year.
Independent energy trader BB Energy (BBE) has set its sights on Africa’s solar and storage market by acquiring Solarcentury’s Africa-facing division for an undisclosed sum.
