Europe’s top PV market must drive five-fold solar boom and hit 59GWh storage capacity by 2040 if it is to plug gaps left behind by phase-outs, says industry-backed analysis.
WoodMac: Innovative finance needed to further boost already sound economics of residential sector, with Germany, Italy and Spain all breaking even faster than the UK and France.
Australia's state-run renewable energy financier, Clean Energy Finance Corp (CEFC), invested a record-breaking total of $1.3 billion in the clean energy sector in FY19.
Major PV inverter manufacturer, Sungrow Power Supply Co is preparing for a renewed push in the Indian market having already passed 4GW of deployment in the country.
WoodMac: Solar will play key role as microgrids more than double by 2024 on US island territory, helping mend a grid decimated by hurricane Maria in 2017.
Norwegian utility Statkraft has partnered with flow machine specialist redT on a fully-financed solar-plus-storage offering for the UK’s thriving C&I renewables market.
Operator REE to deploy €3.2bn until 2022 to back energy transition plans, with €1.53 billion earmarked for renewable integration and €215m for storage.
State secretary João Galamba tells PV Tech of plans to boost dispatchable renewables and shares figures and time frames for separate PV auctions this year and next.