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A new report into the US renewables sector has found that solar projects able to cut the cost of producing electricity by up to 60%.

Solar tracker manufacturer Soltec posted net profits of €13.1 million (US$13.9 million) for the year 2022, a €14 million increase on 2021 which saw a €1.2 million loss for the company.  

Residential solar systems in the US continue to grow in size at the same time as battery attachment rates increase, according to LBNL.

Greater standardisation of renewable energy projects will be critical to reaching net zero by 2050, according to a joint report by Princeton University and engineering company Worley.

California’s energy transition will need 53GW of solar PV by 2045, with the state’s transmission system requiring a US$30.5 billion investment alongside major increases in energy storage to accommodate the extra power.  

Solar jobs in Europe will double to 742,000 by 2030 when based on the current European Commission (EC) target of 40% renewables.

Access to off-grid electricity should be seen as a key mechanism to drive rural development and improve economic wellbeing and living standards in Sub-Saharan Africa (SSA), according to a new report by University College London’s (UCL) Engineering for International Development Centre and off-grid, pay-as-you go solar company BBOXX.

Australian companies plan to spend AUS$5.1 billion (US$3.7 billion) on offshore gas exploration over the next six years, which is enough to develop 2.5GW of renewables capacity and generate close to 5,000 jobs

Around 400GW of nameplate module manufacturing capacity and nearly 325GW of nameplate cell capacity could be online by the end of 2021, new forecasts from advisory firm Clean Energy Associates (CEA) has said.

The Australian Energy Market Operator (AEMO) has published a series of planning and forecasting publications under the 2021 Inputs, Assumptions and Scenarios (IASR) report that present five different visions of Australia's future