Solar PV systems generated about 59.9TWh of electricity in 2023, up by about 1% year-on-year, according to a study conducted by German research organisation Fraunhofer Institution for Solar Energy Systems (Fraunhofer ISE).
Swiss PV manufacturer Meyer Burger has said it has started “receiving shipments of equipment and tools” at its newest manufacturing facility, a 2GW plant in Goodyear, in the US state of Arizona.
New York Power Authority (NYPA), a utility managing around a quarter of the electric load in the US state, is seeking to collaborate with renewable energy and energy storage developers and operators, as part of the state’s push to deploy more clean energy resources.
The US Energy Information Administration (EIA) has published its latest Short-Term Energy Outlook, with the US government body now expecting the contribution of solar power to the US’ energy mix to exceed that of hydropower by 2025.
Renewables investor Aquila European Renewables has secured a €50 million (US$54.7 million) debt facility through a 180MWp solar PV portfolio in Spain.
Spanish utility Iberdrola has been granted €300 million (US$328.7 million) by the World Bank’s private sector investment arm, the International Finance Corporation (IFC), to develop renewable energy projects in countries dependent on coal, including Morocco, Vietnam and Poland.
US climate investment firm HASI has invested an undisclosed sum into a 605MW solar-plus-storage portfolio owned by US utility AES Corporation.
As the world's focus on renewable energy continues to increase, solar energy is becoming more and more popular as a clean and sustainable energy source. Among many solar projects, an often asked question is: How many solar panels do we need to generate 100 megawatts (MW) of electricity? This issue involves many factors such as the area, efficiency, and installation location of solar panels, which we will discuss in detail below.
US clean energy company Avangrid has cancelled a proposed merger with the Public Services Company of New Mexico (PNM), following two years of delays in the approval process.
The European Investment Bank (EIB) has committed €400 million (US$437 million) to support the solar and battery storage development plans of Greek renewables developer Mytilineos.
Suntech has announced that it has supplied 1MW of its high-power modules to Yemen for the construction of a parking lot and power station. The project, deploying Huawei inverters, will reduce current diesel consumption required due the unreliable electrical grid to a bare minimum.
French renewable power company Voltalia has commissioned a 140MW solar project in southern Albania, said to be the country’s largest to date.
