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The European Council (EC) yesterday reached an agreement on a revision to its Renewable Energy Directive (RED) as part of its ‘Fit for 55’ package that has increased its renewables targets and called for accelerated permitting for clean energy projects.

US solar tracker manufacturer Nextracker and steel producer BCI Steel have reopened the Bethlehem steel manufacturing factory in Leetsdale, Pittsburgh that will process steel and produce solar tracker equipment for utility-scale solar projects.

Polish PV developer R.Power is targeting the development of 1GW of solar projects in Italy in the next 12 months.

Solar PV has made nearly half of all new investments in renewable power in 2021, according to the International Energy Agency (IEA).

Independent power producer (IPP) AMPYR Solar Europe (ASE) and German developer Belectric have agreed to install a pipeline of more than 200MW of solar PV capacity in Germany within the next two years.

State-owned utility GUVNL has opened a tender for renewables paired with energy storage to bring off-grid electricity in Gujarat, India.

Spanish developer Matrix Renewables has signed its first US tax equity financing for two solar and energy storage projects in California.

A Spanish court has ruled that Iberdrola must return part of the land on which its 500MWp Núñez de Balboa solar project has been constructed.

Chinese module manufacturer JinkoSolar has powered its first overseas factory with renewables only in Malaysia.

Current higher wholesale prices and favourable economics for renewables in Europe would have developers as the primary beneficiaries this decade, according to a report from advisory firm Edison Group.