The investment required to upgrade and expand transmission infrastructure across the world will be a key challenge as more renewables come online, consultancy EY has warned.
German energy major RWE has established a joint venture (JV) with Greek utility PPC that will develop utility-scale solar projects in Greece with a total capacity of up to 2GW.
US renewables developer Redeux Energy Partners is on track to build a 2GW pipeline of utility-scale solar and storage projects in the next 12 to 18 months after securing funding.
Record-breaking power prices across Europe have turned the spotlight on the role fossil fuel plants play in generating electricity and how the transition to renewables-plus-storage could lower consumer bills.
The Senate of Illinois has passed legislation that will commit the US state to reaching 50% renewables by 2040 and 100% carbon-free electricity by 2045.
The Australian Renewable Energy Agency (ARENA) will support projects that further lower the cost of renewable generation as part of a new investment strategy aimed at underpinning the transition to net zero emissions.
Accelerating deployment of utility-scale solar and wind means much of Australia could have sufficient renewables generation to meet 100% of consumer demand at certain times of the day by 2025, the Australian Energy Market Operator has said.
A plan to establish Australia’s largest renewable energy zone in the state of New South Wales has seen an overwhelming level of interest, with projects representing 34GW of capacity submitted.