A round-up of the latest project news, as Mytilineos is chosen as EPC for a project in Uzbekistan, Clenergy forms a deal with the local Kongtong government for 150MW and CleanCapital teams up with CI Renewables for a 29MW portfolio.
Solar asset underperformance continues to worsen, with projects “chronically underperforming” P99 estimates and modules degrading faster than previously anticipated, risk management firm kWh Analytics has found.
Solar tracker maker Arctech has signed a deal with Ukrainian-headquartered energy company Rodina to supply 1GW of trackers for its global project portfolio.
The US could create between 500,000 – 600,000 jobs across the solar, wind and battery storage sectors if it reaches 50 – 70% renewables generation by 2030, research from new trade body the American Clean Power Association suggests.
The US Department of Energy (DOE) aims to bring the cost of making clean hydrogen down 80% in 10 years as part of a wider call for new developments in the energy sector.
US power grid operator PJM Interconnection’s latest capacity auction for 2022/2023 saw 1,512MW of solar procured, up 942MW on its most recent auction in 2018.
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.