In 2023, a collective US$1.8 trillion went towards energy transition technologies and their supply chains, including solar PV and other renewable generation, grids, electrified transport and clean tech factories.
Two solar PV plants have been installed in gold mines in the Democratic Republic of Congo (DRC) and Mongolia to supply clean energy to their operations.
The co-location of renewable generation and energy storage demands new contractual arrangements to make such projects commercially viable. Jack Rankin, Miguel Valderrama and Brian Knowles of Pexapark explore how hybrid PPAs are becoming a favoured solution for structuring deals that capture the full value of both assets.
Indian conglomerate Larsen & Toubro has been contracted to build a 1.8GWac solar PV project as part of Dubai's Mohammed bin Rashid Al Maktoum Solar Park.
A partnership led by Greenwood Sustainable Infrastructure (GSI) alongside the Ocean Man First Nation community – Iyuhána Solar – has been awarded a contract by regional Canadian utility SaskPower to build and operate a 100MW solar PV facility
Silicon Ranch initiates site acquisition and interconnection processes for owned and operated utility-scale solar and battery projects with a capacity of over 500MW
