New York Governor Kathy Hochul has unveiled a framework for the US state to finish the decade with at least 10GW of distributed solar, spurring billions of dollars in investment and creating thousands of jobs.
The sun wasn’t shining in Glasgow for COP26 and many in the solar sector lamented the lack of mention in countries’ pledges. Nonetheless, some vital announcements were made that will be crucial to the industry’s growth and its role in reaching net zero, writes Sean Rai-Roche.
While the technological advancement of solar over the coming decade will play a significant role in driving deployment, actual installations will largely driven by two factors – manufacturing capacity and national decarbonisation targets. Jules Scully examines how much solar can be made, and deployed, by 2030.
US President Joe Biden has signed an executive order that demands the US federal government ‘lead by example’ and leverage its buying power to achieve carbon neutrality by 2050
Major US bank Wells Fargo has closed its maiden tax equity investment into a colocated solar-storage project currently under construction in New Mexico, US.
Tech major Amazon has added a further 2GW to its committed utility-scale solar PV capacity, adding projects in the US and Europe to its renewables portfolio.
JinkoSolar has slashed its shipments guidance for the year, reducing its top end guidance by more than 5GW as it blamed ongoing logistics issues and port blockages.