The expansion of solar PV and battery storage is keeping the global net zero 1.5 degree pathway open, and the current host of planned manufacturing capacity expansions will be enough to meet demand by 2030.
UK-headquartered renewables developer Ethical Power has entered the Italian solar PV market with plans for a 250MW project pipeline and a new country manager, Francesca Cavallini.
Spanish solar developer Solaria has signed off a financing framework with the European Investment Bank (EIB) for up to €1.7 billion (US$1.8 billion) to be deployed on 120 solar PV plants across Spain, Italy and Portugal.
Ghana will look to deploy around 150GW of solar PV capacity to achieve its net zero emissions target by 2060, a plan that represents US$550 billion in investment opportunities for companies and other nations
The Bank of Montreal (BMO) has donated US$3 million to California-headquartered non-profit GRID Alternatives to support the provision of low-to-no cost solar PV, storage and clean mobility programmes to “underserved families” in the Western US.
TrinaTracker has signed a supply agreement with the Power Construction Corporation of China (PowerChina) for the 108MW Tepuy solar PV park in Colombia.
The Israeli government has published a tender seeking bids for a 100MW solar PV project to be built near the Ashalim settlement, a solar power hub in the country.