Global solar energy investment will surpass oil for the first time in 2023 as PV leads the charge in a projected 24% increase in clean energy investment compared with 2021.
The European Commission plans ultimately to run an ‘expression of interest’ call for EU countries every year, which will result in a call for a cross-border tender if there is enough interest from member states and the proposals and desires of the participating countries line up.
Announced solar PV manufacturing capacity across the globe has met the deployment levels suggested by the International Energy Agency towards 2030, but only 25% of the announced projects could be considered as committed, according to IEA's recent study.
A total of 247 module types from 35 manufacturers have been named “Top Performers” by PV Evolution Labs (PVEL) in its 2023 Module Reliability Scorecard, more than doubling last year’s numbers and the highest ever.
Japanese electronics company TDK Company’s subsidiary TDK Ventures has launched a US$150 million fund to invest in energy and climate technology startups.
Enel Green Power’s 170MW PV plant in Tarquinia, which is integrated with medicinal herb, olive oil and livestock feed production, will also support biodiversity with borage used to attract bees.
Only one percent of land in Italy is suitable without limitations for ground-mounted solar PV projects in Italy, according to analysis company McKinsey.
According to BSW solar, questions about the mobilisation of storage and the appropriate assessment of required market premiums and maximum bid values for commercial PV investments were largely left out.
