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.
California Independent System Operator (CAISO) has approved a transmission plan consisting of 45 projects for system expansion and upgrades with a cost of US$7.3 billion, including a total of more than 17GW of solar generation.
Announced solar PV manufacturing capacity across the globe has met the deployment levels suggested by the International Energy Agency towards 2030, but only 25% of the announced projects could be considered as committed, according to IEA's recent study.
Utility Hawaiian Electric has finalised a plan to completely use renewable resources by 2045, including mid-term goals of adding renewables generation and rooftop solar by 2030.
Infinity Power and Greek infrastructure investor Copelouzos Group has signed a Memorandum of Understanding (MoU) to develop a project that can carry green energy from Egypt to Europe.
UAE state-owned renewable energy developer Masdar has signed a joint development agreement (JDA) with the Uzbekistan government to develop more than 2GW of solar and wind projects.
According to BSW solar, questions about the mobilisation of storage and the appropriate assessment of required market premiums and maximum bid values for commercial PV investments were largely left out.
The solar projects are part of Repsol's plan to expand its business to international markets, as Italy offers great potential to strengthen its position in crucial European markets.
