New South Wales has submitted an Environmental Impact Statement (EIS) for its Central-West Orana Renewable Energy Zone (REZ), making it the first REZ to reach the development “milestone”.
The CEO Alliance, which includes utilities Iberdrola and Enel, has released a policy paper which recommends the European Union to accelerate and simplify permitting procedures for renewables.
The recent swathe of announcements from US policymakers – coupled with growing geopolitical unrest regarding Chinese manufacturing dominance and the role of solar PV from an energy security standpoint – has the potential to redefine PV technology, manufacturing and component supply chains in a way that the industry has never seen before, writes Finlay Colville, head of research at PV Tech.
High development costs and an unstable regulatory environment have increased average solar power purchase agreement (PPA) prices in Europe to a new high of €76.84 (US$82.4)/MWh in Q4 2022.
Indian solar module manufacturing capacity is forecast to reach around 95GW – up from 39GW at the end of September 2022 – according to research from analyst and consultancy Mercom India Research.
