US solar tracker manufacturer Nextracker and steel producer BCI Steel have reopened the Bethlehem steel manufacturing factory in Leetsdale, Pittsburgh that will process steel and produce solar tracker equipment for utility-scale solar projects.
Investors Harith General Partners and African power provider Anergi Group have partnered to establish the Pan-African Renewable Energy Fund (PAREF) to accelerate renewable energy deployment across Africa and close the continent’s investment gap.
The world’s total solar capacity will reach 2,044GW by 2031, with China continuing to lead the way in deployment, making up nearly half (47%) of the world's 1,190GW net solar capacity additions through to 2031, according to research firm Fitch Solutions.
Brookfield Asset Management has raised US$15 billion as part of its Brookfield Global Transition Fund that will focus investments on the transition to a net zero carbon economy.
Independent power producer (IPP) AMPYR Solar Europe (ASE) and German developer Belectric have agreed to install a pipeline of more than 200MW of solar PV capacity in Germany within the next two years.
A newly formed consortium of four US solar companies has committed to spending US$6 billion on purchasing 6-7GW of crystalline silicon solar modules every year to encourage the rapid scaling of domestic solar manufacturing in the US.
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).
