UTILITY-SCALE SOLAR

Solar power generation in the United States rose by 25.23% in 2021, making it the country's fastest-growing source of electrical power, while renewables made up 21.02% of all electrical energy and also look set to surpass coal in regards to total manufacturing in 2022.

Renewables capitalist Magnora has obtained 92% of South Africa-based solar as well as wind project development business African Green Ventures (AGV).

Solar PV and also various other renewables accounted for a record share of electricity generation in Australia's National Energy Market (NEM) in Q4 2021 at 34.9%, while average wholesale prices rose with the higher cost of fossil fuels regardless of their share of the energy mix shrinking.

Regulators in Nevada have actually led the way for 2 solar-storage hybrid projects to change a legacy coal nuclear power plant in the US state, authorizing their sale to utility NV Energy.

Innovative Solar Systems (ISS), a utility-scale solar programmer with a 12GW pipe, has actually put itself up for sale as it looks for companions to support the firm in its advancement of ever bigger PV projects throughout the United States.

Australian LNG gamer Woodside Energy has tabled plans to develop a utility-scale solar-storage project with a generation capacity of as much as 500MW in Western Australia.

Around 5.3 GW of solar was set up in Germany last year, initial analysis by the nation's solar profession organization the Bundesverband Solarwirtschaft (BSW) has actually shown, with installs set to rocket better in the coming years.

US utility Appalachian Power has actually unveiled plans to obtain or contract for almost 300MW of solar PV over the next three years as it transitions in the direction of internet zero standing by 2050.

The European Union's (EU) solar PV market has actually navigated a year besieged by supply chain disruptions and module prices hikes to post record levels of yearly deployment, according to research from SolarPower Europe (SPE).

India added around 11.1 GW of solar capacity from January to November, which is a 249% get on installments for the exact same duration last year, bringing its mounted renewables capacity to roughly 104GW, according to research by JMK Research.

Investment company KKR has actually introduced a new utility-scale solar and also energy storage space advancement platform, dubbed Stellar Renewable Power.

Lightsource bp has actually introduced its entrance into Poland's solar market through a co-development offer that will certainly see the designer wage a 757MWp pipeline in the nation.

Doral Renewables has begun on the 1.65 GWdc Mammoth Solar project in Indiana, readied to be the United States' biggest solar farm once complete.

A project that bids to combine up to 20GW of solar PV with the world's largest energy storage battery and also a 4,200km-long subsea power cable has relocated a progression after Indonesian authorities greenlit its suggested transmission cable course.

The US solar industry is readied to continue damaging yearly setup records in the coming years in spite of supply chain restrictions that have caused greater prices as well as interruptions caused by the federal government's withhold launch order (WRO), according to brand-new research.