Americas

The global target to treble renewable energy capacity to 11TW by 2030 is off track, according to a report from BloombergNEF (BNEF).

Chinese module manufacturer JA Solar has inked a 1GW solar PV module distribution agreement with Australia’s One Stop Warehouse (OSW), covering the European, US and Asia-Pacific markets.

Located in Clay County, Origis will develop, construct and operate the Hope Solar + Storage project with a BESS capacity of 200MW/800MWh.

Australian investment bank Macquarie Asset Management (MAM) is set to invest up to US$1.73 billion to acquire a significant minority stake in US independent power producer D.E. Shaw Renewable Investments (DESRI).

Insurer kWh Analytics has launched a US$2.4 million initiative to “develop innovative approaches” to improve the resilience of PV projects.

Lori Bird and Joe Hack of the World Resources Institute examine legislative and regulatory efforts to break the US transmission bottleneck.

Developer rPlus Energies has broken ground on a solar PV plant in Utah, US, co-located with 1.6GWh of battery storage.

The US Solar Energy Industries Association (SEIA) has launched a draft standard to help US companies meet traceability requirements.

The World Trade Organisation (WTO) has established a dispute panel to assess the compliance of IRA tax credits with WTO rules.

Entergy commissioned a 100MW project in the state of Arkansas, while Ammper Power and Elawan signed power purchase agreements (PPAs) in Texas.