Brazil has imported 17.5GW of solar modules in 2023, slightly down from the previous year, according to Brazilian PV research and consultancy firm Greener.
Figures from US research firm Rystad Energy suggest that the world will need to invest US$3.1 trillion into electricity grid infrastructure before 2030, if the world is to limit global warming to 1.8 degrees Celsius by 2050.
Tyr Energy Development Renewables (TED), a US-based renewable energy subsidiary of Japanese “sogo shosha” (major trading house) Itochu Corporation, has completed development of 333MWac of solar PV in the US.
Southeast Asia is expected to add 300MW of floating solar PV (FPV) capacity in early 2024, according to a report from research firm Rystad Energy.
An increase in shipping times and freight rates due to violence in the Red Sea could carry implications for renewable energy and solar products heading to Europe and the US.
US independent power producer Altus Power has acquired an 84MW portfolio of commercial-scale projects from global firm Vitol, in a deal valued at US$118 million.
US solar tracker manufacturer Nextracker has seen high deliveries in its US business with a 70% year-on-year increase in the third quarter of its fiscal year 2024, driving 38% quarterly revenue growth.
Swedish industrial seal manufacturer SFK has signed a 12-year Renewable Energy Certificate (REC) purchase agreement with US clean energy developer Clearway Energy Group.
Indian conglomerate Larsen & Toubro has been contracted to build a 1.8GWac solar PV project as part of Dubai’s Mohammed bin Rashid Al Maktoum Solar Park.
UK battery energy storage systems (BESS) developer Harmony Energy has established a joint venture with New Zealand energy group Clarus’ subsidiary First Renewables to develop a 200MWac solar project.
US independent power producer (IPP) Silicon Ranch has signed an agreement with data centre developer Tract to coordinate the location and timing of renewable generation as part of data centre development process.
The Department of the Interior in the US has announced an updated roadmap for solar energy development on public lands, expanding the Western Solar Plan to five new states and planning to provide as many as 22 million acres of land for building solar projects.
