News
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Statkraft aims to operate 2GW solar and wind capacity in Germany by 2030
The company aims to build up to 500MW of wind and solar capacity in Germany every year from 2027. Image: Statkraft. Norwegian energy company Statkraft has announced a plan to develop and operate 2GW of solar and wind capacity in Germany by 2030. According to Stefan-Jörg Göbel, country manager ...Read more -
Two Estonian PV investment plans established for over 500MW ByWill Norman
Enefit Green currently has a portfolio of 38 solar projects in Estonia and Poland. Image: Enefit Green Enefit Green has confirmed the final decision on the 74MW Sopi solar PV project in Estonia, into which it will invest approximately €44 million (US$47 million). The investment is part of a la...Read more -
Repsol Chilean JV powers first phase of 596MW Chilean solar PV project
Repsol Ibereólica Renovables Chile’s project is located in the northern region of Antofagasta in Chile and will have a total capacity of 596MW. Image: Repsol. Joint-venture (JV) Repsol Ibereólica Renovables Chile, equally owned by Spanish oil major Repsol and renewables company Ibereólica Reno...Read more -
Solar accounted for 16% of California’s electricity sales in 2021
Solar accounts for 15.9% of the state’s retail electricity sales, the highest among all renewable energy sources. Image: CAISO Solar became California’s biggest non-fossil fuel source of electricity sales in 2021, according to the latest data from the California Energy Commission. In total, so...Read more -
Biden backs solar and vetoes AD/CVD waiver removal
Joe Biden introduced the waiver on solar import tariffs last year to run until 2024. Image: President Biden via Twitter. President Joe Biden has vetoed the proposal by the Senate and the House of Representatives to revoke his two-year waiver on Southeast Asian solar PV imports. The President’s...Read more -
Vietnam to develop rooftop solar for onsite consumption as part of approved energy transition plan
Half of office buildings and resident houses in Vietnam will use self-produced rooftop solar power for onsite consumption by 2030. Image: Fotowatio Renewable Ventures. The Vietnamese government has approved a plan to develop renewable energy sources for electricity production, including buildi...Read more -
Recurrent Energy secures offtakers for 100MW Texas solar PV plant with virtual PPA
Canadian Solar recently consolidated its global development and services business under the Recurrent Energy brand. Image: Canadian Solar. Solar developer Recurrent Energy, a subsidiary of Canadian Solar, has signed an aggregated virtual power purchase agreement (PPA) with several offtakers fo...Read more -
IRS releases guidance on domestic content requirements for renewables under the IRA
Workers at Q CELLS’ 1.7GW module assembly plant in Georgia. Image: Q CELLS. The US Department of Treasury and Internal Revenue Service (IRS) have released guidance pertaining to the domestic content bonus included in the Inflation Reduction Act (IRA); solar PV projects will need to meet requir...Read more -
Savannah Energy inks 200MW solar PV agreement in Niger
Last year Savannah Energy signed an agreement with the government of Chad to develop up to 400MW of solar PV. Image: Unsplash. British renewables company Savannah Energy has signed a memorandum of agreement (MoA) with the government of Niger to develop up to 200MW of solar PV. The projects wil...Read more -
Australian Federal Budget commits AU$4 billion new investment into clean energy transition
The funding is expected to benefit 110,000 households. Image: CSIRO. Australia’s Federal Budget 2023-2024 included AU$4 billion (US$2.71 billion) new investment in the energy transition, and confirmation of tenders for renewables and energy storage. The budget was announced on 9 May by the Com...Read more -
AES to triple renewables capacity by 2027 and ditch coal by 2025
The 250MW Petersburg Solar Project from AES. Image: AES Indiana via Twitter. US utility AES Corporation has announced plans to triple its renewables generation capacity and outlined its growth strategies for its operations through 2027. In its long-term growth strategy announced this week, AES...Read more -
CIP launches new German renewables platform, Baldur Power
A 28MW solar PV plant from Enerparc in Germany. Image: Enerparc. Danish renewable energy investor Copenhagen Infrastructure Partners (CIP) has launched a new renewables development platform in Germany. Baldur Power GmbH is registered in Hamburg and will focus on the origination, development an...Read more