Solar to continue rapid rise over this decade but lack of foresight with grid planning could mix with ultra-low prices and waste management troubles to set obstacles in the short and long term.
Spain's Repsol announces new 1.6GW solar and wind push as it admits current tech can only reach 'at least 70%' of target it has set for mid-century.
OMV and Verbund will deploy two-site 16MW installation northeast of capital Vienna, a 60,000-panel project set to become operational in late 2020.
Sigma 204MW project in Cádiz province comes amid 794MW new renewable push by group, which already owns 260MW Valdesolar scheme.
Anesco and Shell’s New Energies division are to partner on a utility-scale battery storage project in Norfolk.
Energy giant Shell has increased its global solar footprint with the acquisition of a 49% stake in Cleantech Solar, a Southeast Asia and India-focused solar company.
ExxonMobil will power operations at its Permian oil field in Texas with 250MW of wind and 250MW of solar power.
Malaysian state-owned oil and gas giant Petronas has become the latest fossil fuel major to show intentions to move into the renewable energy space, with a focus on solar power.
A pair of oil and gas giants, Algerian state-run company Sonatrach and Italy-based firm Eni, have inaugurated a 10MW solar PV project to power an oil field in Bir Rebaa North (BRN) in Algeria.
With Petroleum Development Oman (PDO) as its sole offtaker, the 100MW project in Amin, Oman, is said to be the world's first utility-scale PV project to have an oil and gas company as the sole wholesale buyer of power.
French power giant Total has signed an agreement with the controlling shareholders of another France-based power firm Direct Energie to acquire a 74.33% stake in the company for roughly €1.4 billion.
Shell has suggested it will become the next major oil firm to enter the new build solar market after it was reported over the weekend that the Dutch giant plans to build solar farms in Britain.
Solar companies will have to find a strategic sweet spot in which to operate as big oil majors return to the sector, a panel of operators has concluded.