Solar power generation in the US rose by 25.23% in 2021, making it the country’s fastest-growing source of electricity, while renewables accounted for 21.02% of all electricity and look set to surpass coal in terms of total production in 2022.
Developer Solek Group is to develop, build and sell up to 200MW of solar in Chile to BlackRock’s Global Renewable Power Fund III (GRP III) following the signing of a new framework agreement.
South African mining company Tharisa has signed an agreement with renewables developer Total Eren and African energy company Chariot to build a 40MW solar PV project to power its mining operations as more of the country’s heavy industries turn to solar.
Sunnova Energy and Generac Power Systems are expanding their strategic partnership, with Sunnova now able to offer its customers Generac’s newly updated technology to its current suite of offerings, which will include energy storage units and for the first time, standby home generators, microinverters, and load managers.
Investment manager Quinbrook Infrastructure Partners has acquired a 350MW solar-plus-storage site expected to be the largest single site PV install in the UK once completed.
Liam Stoker reflects on DNV’s Energy Transition Outlook as the consultancy laments the “missed opportunity” of the pandemic to reset global decarbonisation efforts. With COP26 just two months away, is terawatts of growth enough?
At least 455GW of new solar PV capacity will need to be installed each year by the end of this decade for the world to reach net zero status by 2050, new analysis by BloombergNEF (BNEF) has found.
Earlier this week the US National Renewable Energy Laboratory (NREL) published its 2021 Annual Technology Baseline (ATB) document, detailing the continued reduction in the levelised cost of electricity (LCOE) of the country’s core generators. Liam Stoker takes a look at the data and discusses just how cheap solar, and solar-storage, could become.
