At least 455GW of new solar PV capacity will need to be installed each year by the end of this decade for the world to reach net zero status by 2050, new analysis by BloombergNEF (BNEF) has found.
Higher-than-expected deployment figures last year have put the global solar sector comfortably within reach of the terawatt scale in 2022, SolarPower Europe (SPE) has said in its Global Market Outlook report.
The US solar industry could face significant losses this summer unless steps are taken to mitigate wildfire risk over the coming months, renewables underwriter GCube has warned.
Solar employers in the US are forecasting a rebound from job losses seen in the industry last year, estimating an employment increase across the sector of 11.7% in 2021, according to a new report from the Department of Energy (DOE).
Investors are turning away from fossil fuels and shifting into renewables because of falling costs and climate targets, with US banks lagging behind their European and Asian counterparts
A round-up of the latest product news, featuring Philadelphia Solar’s plans for a 1GW module plant in the US, REC Group’s new N-Peak 2 panel and Meyer Burger’s IEC certification success.
The US Federal Energy Regulatory Commission (FERC) is eyeing potential reforms to transmission and interconnection rules for energy projects, a move which could help ease the connection process for solar and storage developments.
