Singaporean commercial and industrial (C&I) renewables developer BECIS has secured US$50 million to expand business in Southeast Asia and India.
The European Commission (EC) has announced its European Solar Charter, a package intended to support domestic European solar manufacturing.
Two solar PV developers have closed financial deals for projects in Brazil this week .
A key policy initiative of the Biden administration, through the Inflation Reduction Act (IRA), is to accelerate the deployment of renewable energy while incentivising manufacturers to reshore the key elements of the solar supply chain from polysilicon production to solar module assembly.
Solar developer Move On Energy has commenced commercial operation of Europe’s largest solar PV park in Germany.
A €2.2 billion (US$2.3 billion) scheme to support investment into decarbonising industrial processes in Germany has been approved by the European Commission (EC).
The grid connection backlog in the US increased by 27% year-on-year in 2023, with about 2.6TW of generation and storage capacity now seeking interconnection, according to a study from Lawrence Berkeley National Laboratory (Berkeley Lab).
Australia’s Prime Minister has announced an Inflation Reduction Act-style investment package to stimulate a domestic clean energy manufacturing industry.
Government support for expanding a domestic solar manufacturing value chain could create up to 60,000 jobs in Australia, according to a report commissioned by the Australian Manufacturing Workers’ Union (AMWU).
According to a report from industry lobby group the European Round Table for Industry (ERT), investment in Europe’s energy infrastructure requires €800 billion (US$870 million) by 2030.
Global carbon reduction goals are highly dependent on dramatically and rapidly scaling up solar deployment; the International Energy Agency (IEA) estimates we will need to triple global photovoltaic (PV) deployment by 2030.
The White House must “act immediately to solve the urgent issues interfering with investment in domestic solar manufacturing”, according to a statement from the Solar Energy Manufacturers for America (SEMA) coalition.