German renewables company BayWa r.e. is planning to realise more than 1GW of solar and wind plants this year as it heightens its focus on subsidy-free projects.
Germany is set to rapidly accelerate solar and wind deployment as it brings forward plans for renewables to account for all the country’s electricity needs by 2035.
The February 2022 episode of the Solar Media Podcast features discussion around the energy sector impacts of Russia’s invasion of Ukraine, an exclusive interview with Lightsource bp’s leadership team and all the news from our Energy Storage Summit 2022.
Solar tracker manufacturer and project developer Soltec witnessed a strong Q4 performance help reduce its loss for the full year to €1.2 million (US$1.34 million), with its project pipeline growing to in excess of 10GW.
As polysilicon prices rise once again, Liam Stoker explores the potential for polysilicon facilities to start in new geographies, the issues surrounding equipment and a skilled workforce and what else is vital to more regionalised PV manufacturing.
Delays in the shipping industry have likely peaked already, with the turnaround time for containers likely to fall month after month moving further into 2022. While the price of moving containers from China to Europe and the US remains very high, they have come down slightly since last year.
China is expected to add 83 – 99GW of PV capacity every year from 2022 to 2025, while Europe is now its largest export market for solar products, according to a China Photovoltaic Industry Association (CPIA) report on the outlook for the PV industry over the next few years.
French independent power producer Neoen’s 2021 revenue jumped 12% year-on-year thanks to the contribution of new solar projects in France and Argentina.
Spanish utility Iberdrola reported a €12 billion (US$13.6 billion) operating profit in 2021, which was 20% higher than 2020, and met its gross profit forecast for 2022 one year early, as its installed 3.5GW of renewables in 2021.
Major engineering and technology firms Worley, ABB and IBM have signed a memorandum of understanding (MoU) to collaborate on green hydrogen solutions, intending to create an "end-to-end" service for energy companies.