covid-19 recovery

Germany’s RWE is on track to increase its solar and wind portfolio to 10GW by the end of 2020 as the company ramps up its renewable energy expansion following project commissioning delays due to the coronavirus pandemic.

Despite recording a 70% year-on-year reduction in utility-scale solar installations in the first nine months of 2020, India’s renewable energy market is beginning to show signs of improvement, figures from JMK Research & Analytics reveal.

While renewables were the largest source of generation in Europe for the sixth consecutive quarter, solar output in the continent shrunk during Q3, a new report from energy data analyst EnAppSys says.

The EU is on track to achieve between 22.8% to 23.1% renewables in gross final energy consumption in 2020 as the continent experiences a “clear paradigm shift” towards solar and wind.

Global solar industry funding has rallied from a turbulent first half of the year as project acquisition activity soared in Q3, a report from Mercom Capital Group says.

The US residential solar sector is set to break installation records this year as clean energy development proves resilient to disruptions caused by COVID-19.

The US residential solar market has ridden out a turbulent third quarter to record impressive installation and sales volumes, giving the industry momentum to potentially avoid the seasonal slowdown often recorded at the tail end of the year.

Central and southeastern European countries could cost-effectively cover more than one-third (34%) of their energy demand with renewables within ten years, a new report by the International Renewable Energy Agency (IRENA) finds.

Europe’s residential battery energy storage systems (BESS) market is expected to continue its upward trajectory in the coming years after 745MWh of additional capacity was installed in 2019, representing a 57% increase year-on-year.

As the European Union forges ahead with its green recovery and looks to meet new emissions reduction targets, member states should ensure they convey the benefits of solar power to citizens while also building partnerships with industry, according to a panel speaking at this week’s SolarPower Summit.