The European Commission has released its Green Deal Industrial Plan based upon four pillars aimed to scale up a domestic manufacturing capacity for net-zero technologies.
The largest solar investment in US history, a pivot to a vertically integrated PV manufacturing facility in the state of Georgia by Qcells, was enabled by a combination of state support, federal government investment and related benefits coming from the Inflation Reduction (IRA), according to the company.
Solar PV and solar-wind hybrid project bids in various Indian government schemes which were finalised by before 9 March 2021 but not yet complete have had their deadlines extended to March 2024.
Renewable energy, such as wind and solar, is expected to dominate power generation out to 2050 thanks to the continuing cost competitiveness and the adoption of these sources into the power systems. However, significant acceleration in financing and building new capacity remains the challenge to continue the growth, according to the latest edition of bp’s Energy Outlook.
Lawmakers from both sides of the US House of Representatives have issued a resolution to repeal President Joe Biden’s waiver on solar import tariffs from Southeast Asia.
A new initiative, the Africa Renewable Energy Manufacturing Initiative (AREMI), has been launched with the aim to scale up renewable energy manufacturing capabilities in Africa.