cop26

Module prices are to remain elevated for the next 18 months at least, with any additional manufacturing capacity set to be quickly swallowed by soaring demand and capacity addition outside of China considered risky, Finlay Colville, head of market research at Solar Media, has said.

The sun wasn’t shining in Glasgow for COP26 and many in the solar sector lamented the lack of mention in countries’ pledges. Nonetheless, some vital announcements were made that will be crucial to the industry’s growth and its role in reaching net zero, writes Sean Rai-Roche.

SolarPower Europe has called on the EU to increase its renewable energy target to 45% by 2030, which it said would result in an extra 210GW of solar capacity installed and put the continent on a strong trajectory to reach climate neutrality by 2050

Negotiations at COP26 in Glasgow, Scotland have “kept 1.5 degrees alive”, with nearly 200 countries agreeing the Glasgow Climate Pact that finalised the outstanding elements of the 2015 Paris Agreement and called for an acceleration of the transition towards renewable energy

The UN’s climate agency (CMA) has called for an acceleration of climate finance, an end to fossil fuel subsidies and for governments to commit to greater emissions reduction by next year in its first draft of an agreement for COP26.

Liam Stoker reports from the halls of COP26, where the likes of US energy secretary Jennifer Granholm and highlighted the need for an all-encompassing but just and equitable energy transition, and explores the role for solar PV.

Abu Dhabi has said it will bring its renewables capacity up to 8.8GW by 2025 as it seeks to reduce emissions associated with power generation by 50% over the next decade.

Andor Savelkouls and Jonathan Bell of Altenex Energy, a subsidiary of Edison Energy, assess the flaws in how corporates currently procure renewable electricity, and how slight tweaks to the system can make it more accurate and cleaner.

The Global Solar Council (GSC) and the Global Wind Energy Council (GWEC) have teamed up to push governments to implement more ambitious energy transition action plans, concluding current policies to be insufficient meet 2030 and net zero targets.

India has pledged to have 500GW of renewable capacity, accounting for 50% of its energy mix, by 2030.