As of today, less than 10% of the necessary solar and wind power needed for a 2050 global net zero scenario exists, whilst global electricity generation will need to more than triple to 80,000TWh, according to the 2022 BloombergNEF (BNEF) New Energy Outlook.
Renewables company CWP Global has signed a memorandum of understanding with the Government of Djibouti to develop a 10GW renewable and green hydrogen hub in Djibouti.
Solar PV capacity is expected to almost treble over the 2022-2027 period, growing by 1.5TW and will surpass coal as the largest source of power capacity worldwide, according to a report from the IEA.
Newly launched solar inverter and solutions provider Solinteg has launched a range of new PV products in recent months as it expands its international presence and targets 2GW of production capacity next year, rising to 10GW in 2025.
LONGi has announced that it has achieved a new world record efficiency of 26.81% for its HJT cells on full size silicon wafers in mass production, a figure certified by German institute ISFH.
RWE, the German renewable energy developer, will offer profit returns to municipalities where one of their wind or solar farms is located as part of an expansion of the German Renewable Energies Act (EEG).
German solar developer Juwi is in the final stages of commissioning a 36MW solar farm, accompanied by a 7.5MW battery energy storage system (BESS), at the Sukari gold mine in Egypt.
Solar tracker manufacturer PV Hardware (PVH) has opened an 8GW factory in Jeddah, Saudi Arabia. The facility will produce trackers and structures for solar projects in the Middle East and further afield.
Suntech has officially launched its new-generation, high efficiency Ultra V Pro module at the Chinese Renewable Energy Conference & Exhibition (CREC). The high power product is based on 182mm N-type TOPCon cell technology and can meet customer requirements across several market segments.
Fortescue Future Industries (FFI) and Windlab will collaborate to develop a 10GW green hydrogen project, powered by solar PV and wind energy, in North Queensland, the state government has announced.
