Irish independent power producer (IPP) Alternus Energy has closed a business combination agreement with Clean Earth Acquisitions Corp, a special purpose acquisition company (SPAC), that will enable its expansion in the US.
The US has a massive interconnection problem, with more than 14TW of clean power sat dormant in its queues. The DOE i2X initiative is seeking to unleash this power and catapult the US closer to its climate targets. But how will it achieve this? Sean Rai-Roche finds out more.
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.
European solar PV manufacturers struggling with soaring electricity prices have flagged concerns that the continent is falling behind the US and India in terms of policy support for the sector.
LONGi Solar is experiencing soaring demand for its products as the IRA turbocharges the US’ PV sector and is actively working to comply with the country's import restrictions to ensure customer deliveries.
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.