Solar, wind and energy storage will do much of the heavy lifting in decarbonising the energy sector, with fossil fuel assets left stranded, however time is running out to realise that shift and limit global warming.
Jan Vedde, senior project manager for European Energy, takes a look at the key technological trends in the solar PV market, from changes to silicon cell manufacturing to the benefits of bifaciality.
French renewables company Voltalia’s financial performance last year was boosted by the growth of its project development, construction and equipment procurement segment, as the company heightened its focus on developing solar PV.
The quoted price of residential solar in the US inched up in the second half of last year, most likely due to the effects of supply chain constraints and shortages, new research from marketplace provider EnergySage has revealed.
US utility company Dominion Energy Virginia has received approval from the Virginia State Corporation Commission (SCC) to expand its portfolio of solar and energy storage projects.
US utility Indiana Michigan Power (I&M) has issued a request for proposals (RFP) for 500MW of solar as part of its new integrated resource plan that calls for the addition of more than 2GW of renewables by 2028.
Italian independent power producer (IPP) ERG will scale up its European PV portfolio as it aims to almost double its installed renewables capacity in the next five years.
Solar investor and asset manager NextEnergy Group has launched a new renewables development division that will aim to develop 5GW of projects within three years.
US utility-scale solar deployment is set to reach a record 22GW this year, with the technology accounting for almost half of the new generating capacity due to be added to the power grid from 2022 to 2023.
Swiss fund manager SUSI Partners is exploring PV-plus-storage investment opportunities, building on a string of announcements in recent months that have seen it bolster its utility-scale solar position in markets such as Poland and Italy.
