Australia’s distributed renewables base could treble and more than 26GW of grid-scale renewables will be needed as the Australian electricity market evolves over the next two decades, a comprehensive review conducted by the country’s market operator has concluded.
Neoen’s solar revenues soared by 34% in H1 2020 as the independent power producer (IPP) reaffirmed its goal of having 5GW in operation or construction by the end of next year.
Western Australia will invest AU$56.3 million (US$40.11 million) in solar power as part of a new renewable energy plan designed to kickstart the state’s economy following the impacts of the COVID-19 pandemic.
Azure Power has seen its pipeline of interstate transmission solar in India swell by another 2GW after a greenshoe option in an existing contract with Solar Energy Corporation of India (SECI) was exercised.
The threat of a double taxation of solar in India via both safeguard and basic custom duties could squeeze developers and result in large numbers of project cancellations, consultancy Fitch Solutions has warned.
China’s upstream sector witnessed growth in all major metrics throughout H1 2020 as the industry shrugged off any meaningful impact from the pandemic, figures released today by the China Photovoltaic Industry Association (CPIA) show.