RWE, the German renewable energy developer, will offer profit returns to municipalities where one of their wind or solar farms is located as part of an expansion of the German Renewable Energies Act (EEG).
RWE will build a more diversified renewables portfolio following its acquisition of Con Edison Clean Energy Businesses, a deal the German utility said will make it the second-largest solar operator in the US.
Heterojunction cell and module manufacturer Meyer Burger is planning to raise funds to accelerate its expansion as it enters the utility-scale segment.
Under the REPowerEU scenario to install 750GWdc of solar across the European Union by 2030, the bloc will require 1 million solar workers, double the numbers from 2021.
Having successfully completed its transition from a solar equipment provider to a heterojunction cell and module manufacturer, Meyer Burger is looking to build on a major supply deal last month as it works to ramp up production capacity in the US.