All developers active in the US market will increase their renewable energy development, while over 60% will participate in domestic clean energy manufacturing buildout.
In a recent study, Rystad Energy said Spain is on track to become the first of the top five European countries, including France, Germany, Italy and the UK, by power demand to generate more than half of its power from renewable sources.
Brazilian renewable energy company Detronic Energia has formed a partnership with investment advisor Appian to develop 20 ready-to-build solar parks with a total capacity of 62.4MWp in Minas Gerais.
Solar PV additions have seen significant increase over the past few years, while it is also leading the increase in new renewable capacity worldwide this year, according to the International Energy Agency’s latest report Renewable Energy Market Update June 2023.
US House of Representatives is set to vote on the proposal to raise the ceiling debt on Wednesday, a step that prevents the US from reaching its debt limit and avert a default.
With Germany working on its goal of producing 80% of electricity consumption covered by renewable energy in 2030 as set out in the EEG 2023, it has announced plans to provide a new contract model to enlist local communities in the energy transition.
Solar became California’s biggest non-fossil fuel source of electricity sales in 2021, according to the latest data from the California Energy Commission.
China’s solar exports have continued to grow as demand from global consumers and developers increased, while its dominance in PV manufacturing will likely continue, according to Wood Mackenzie’s recent study.
