Americas

Solar and wind reached a 10.2% share of power generation in 2021, the first time the two technologies provided more than 10% of global power, according to new research from bp.

Utility-scale renewables developer Intersect Power has secured US$750 million in funding to take its portfolio of renewables, energy storage and green hydrogen projects beyond 8GW.

Energy giant Statkraft intends to develop 4GW of onshore renewables each year by 2030, an acceleration of its previous 2025 target of 2.5GW - 3GW.

US solar tracker manufacturer Nextracker and steel producer BCI Steel have reopened the Bethlehem steel manufacturing factory in Leetsdale, Pittsburgh that will process steel and produce solar tracker equipment for utility-scale solar projects.

The Michigan Public Service Commission (MPSC) has approved utility Consumers Energy's plan to end coal use by 2025.

Investment firm General Capital has invested US$500 million in developer Pine Gate, which will support its utility-scale solar expansion.

Solar PV has made nearly half of all new investments in renewable power in 2021, according to the International Energy Agency (IEA).

The world’s total solar capacity will reach 2,044GW by 2031, with China continuing to lead the way in deployment, making up nearly half (47%) of the world's 1,190GW net solar capacity additions through to 2031, according to research firm Fitch Solutions.

First Solar is to supply 2GWdc of its at thin-film cadmium telluride modules to National Grid Renewables after securing a framework agreement with the developer.

Brookfield Asset Management has raised US$15 billion as part of its Brookfield Global Transition Fund that will focus investments on the transition to a net zero carbon economy.