The UK should transition to zero carbon electricity generation by 2035 and have 85GW of installed solar capacity by 2050 if the country is to meet its net zero target, a landmark new report says.
The US renewables industry must double down on efforts to overcome energy storage financing issues so the technology can help supplement the country’s PV ramp up, it was suggested at a Solar & Storage Finance USA event.
US policymakers should explore the possibility of scrapping the investment tax credit (ITC) for solar PV and instead offer fiscal support for battery storage systems, an energy finance executive has said.
The Australian state of Victoria has doubled down on its rooftop solar and home battery subsidy programme as part of a drive to help households cover the cost of their power bills while making properties more energy efficient.
Interest-free loans for rooftop solar and the development of at least 250MW of large-scale battery storage are among the policies put forward in a new power-sharing agreement for the Australian Capital Territory.
Inverter manufacturer SolarEdge has joined forces with Schneider Electric to develop a solution the companies say will allow homeowners to control how their solar energy is produced, used and stored.
Indiana’s solar capacity is set to surge in the next three years as the state’s second-biggest utility unveils plans to develop three large-scale projects.
Europe has the potential to scale up the manufacture of multi-junction cells and bifacial modules to help achieve its goal of becoming the first climate-neutral continent, a new report suggests.
