Solar PV will lead new capacity additions in Africa, reaching a total installed capacity of 125GW by 2030, according to a report from the International Energy Agency (IEA).
Solterra Energy has entered into a partnership with renewable investors Leyline Renewable Capital, under which Leyline will provide US$10 million to support up to 1GW of distributed generation (DG) and utility-scale solar projects across the eastern US.
The Solar Energy Industries Association (SEIA) has released a whitepaper outlining the reforms it believes are needed to the US interconnection system, in which it lays out a series of proposals for both regional transmission organisations (RTO) and the US-wide Federal Energy Regulatory Commission (FERC).
Earlier this week (14 June), White House officials and solar manufacturers sat down with one another to discuss how the Biden Administration could kickstart PV manufacturing via its recently enacted Defense Production Act (DPA).
NextEra Energy has announced its new decarbonisation strategy, dubbed Zero Carbon Blueprint, which includes eliminating all scope 1 and 2 emissions from its operations by 2045 without the use of carbon offsets and a massive increase in solar PV to 90GW by 2045.
The Indian solar sector looks set for significant levels of disruptions over the next two years, with the government’s drive to establish a domestic manufacturing base risking deployment and investments needing to double if it is to meet its climate targets, according to industry analysts.
Global investment manager CarVal has invested €100 million (US$107 million) in Swedish solar company Svea Solar to support its expansion of utility-scale solar plants in Europe.
High power prices in Europe may be obscuring the impacts of price cannibalisation that threatens the future profitability of renewable energy on the continent, with a ‘belt of doom’ observed in Germany and Spain at risk of 30% cannibalisation rates by 2030.
The US Department of Energy (DOE) has launched an initiative to ease the US’ massive interconnection queues, reduce wait times and lower grid connection costs as it strives to unlock the huge amount of bulk power currently sat dormant in the US.
Greek renewables developer Mytilineos is developing more than 750MW of solar PV in Chile, nearly 600MW of which is considered at a mature stage, PV Tech can reveal.
