While solar PV and wind deployment will far outstrip additions from other electricity sources over the next decade, clean energy progress is still lagging behind what is needed to put global emissions into sustained decline towards net zero, the International Energy Agency (IEA) has warned.
Reliance New Energy Solar (RNES) has invested US$29 million in German wafer technology company NexWafe’s Series C financing round as it looks to establish wafer production facilities in India.
China has started building work on the first 100GW phase of a solar and wind buildout that is likely to see hundreds of gigawatts deployed in the country's desert regions.
Japanese oil and metals giant Eneos has bought Japan Renewable Energy Corporation (JRE) as it seeks to bolster its sustainable portfolio and target renewables growth.
The investment required to upgrade and expand transmission infrastructure across the world will be a key challenge as more renewables come online, consultancy EY has warned.
Independent power producer Nexif Energy has secured a ten-year power supply agreement (PSA) for a 75MWp solar plant to be constructed in the Philippines.
China’s solar module market has returned from its National Day festival to yet another surge in module prices, which are now standing at two-year highs. PV Tech’s Carrie Xiao analyses the impacts of this most recent price increase as the industry steadies itself once again.
A subsidiary of Indian conglomerate Reliance Industries has acquired solar module manufacturer REC Group and a 40% stake in EPC and O&M solutions provider Sterling and Wilson.
The Indian government is reportedly either considering a delay to its customs duty on imported solar products or allowing domestic projects to push back deadlines in light of uncertainty from Chinese suppliers, the country’s renewable energy minister, RK Singh, told the Economic Times.
Quality assurance company DNV has awarded Sungrow FPV a statement of conformity for its anchoring and mooring design methodology for floating solar systems.
