The Global Solar Council (GSC) is forecasting for 2021 to be “transformational” for solar power, as the sector builds on momentum from governments’ efforts to drive a green post-pandemic recovery and growing investor confidence in the PV sector.
Spain can be the global leader in producing green hydrogen thanks to its high levels of irradiation and available space for developing new PV projects, it has been suggested during the Solar Finance & Investment Europe 2021 online event.
Oil and gas major Shell has said it will spend between US$2 billion and US$3 billion on renewables and energy solutions annually to help it attain net zero status by 2050.
Leading microinverter supplier Enphase Energy reported record full-year revenue and shipments in 2020, driven by an ongoing transformation in its contract manufacturing supply chain that will enable the company to supply between 16 million to 20 million microinverter units in 2021, should demand allow.
Enel Green Power has begun a new programme to explore how to successfully integrate arable and pastoral farming activities alongside large-scale solar PV projects.
There exists a significant opportunity for developers to capitalise on Portugal’s upcoming solar auction to deploy floating PV on the country’s reservoirs, according to panellists speaking at the Solar Finance and Investment Europe online event.
Growatt has launched a powerful 1500V string inverter for large scale solar plants. The MAX 1500V inverter aims to lower LCOE and achieve higher yields for clients.
Major inverter manufacturer SMA Solar Technology has reported preliminary full-year 2020 financial results which met the low end of guidance but also reported a slight decline in fourth quarter sales coupled to plummeting gross margins.