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Investments in solar energy are speeding up. The sector gets on track to add 10 gigawatts (GW) of new capacity annually through 2022, with that said expanding to an average yearly rate of 18 to 20 GW from 2023 to 2030 thanks to swiftly falling prices for solar panels and also battery storage. Solar supplies might thrive over the next decade.

UK solar and also storage programmer Elgin Energy said on Thursday it has elevated some GBP 25 million (USD 33.3 m/EUR 29.7 m) in an oversubscribed fundraising via boutique business money company Focus Capital companions.

Belgrade-based power producer CNJ Neo Energo has actually recommended to construct a 10-MW wind farm as well as a 10-MW solar farm in eastern Serbia.

Chinese solar (PV) module maker YuanTech Solar Co Ltd said on Wednesday it has actually received the Brazilian INMETRO certification, which is paving the way for the company to step into the regional renewable resource market.

Sungrow’s EPC branch has signed a contract for construction of Manikganj-based photovoltaic project.

Renewables designer Solariant Capital and energy financier Daiwa Energy & Infrastructure (DEI) are collaborating to create a portfolio of US solar and also energy storage projects.

Canadian design, logistics as well as energy holding business Atco Ltd (TSE: ACO.X) claimed on Monday it has actually acquired a 39-MW solar project that is presently being created in the state of Alberta.

PGG seeks a cooperation partner to develop and build 36+ MWp of new photovoltaic solar farms—boosting Poland’s energy transition, cutting emissions, and creating long-term revenue beyond coal.

Global renewable energy developer Acciona has signed an agreement with energy developer Tenaska to acquire a portfolio of greenfield solar and energy storage projects in the United States. The development portfolio comprises approximately 3 GW of utility-scale solar and 1 GW of co-located solar and energy storage.

Revolve Renewable Power plans to add 125 MW of U.S. solar to its pipeline, boosting solar, wind and storage as utility-scale demand and clean energy investment surge.

It has actually been 2 years because Fotowatio Renewable Ventures won the bid to create the 55 MW site as well as with money ultimately protected, the construct can proceed.

Oil and gas majors moving aggressively into renewables have to construct and also not buy their way in, or their contribution to worldwide carbon reduction efforts will certainly be considerably minimal, RWE's CFO Markus Krebber has actually said.

Repsol secures €348M financing for a powerful 400 MW renewable energy portfolio—solidifying its commitment to a greener future and ambitious growth targets.

Renova Inc powers up Japan's green future with 215 MW in battery storage projects, boosting grid stability and advancing the nation's renewable energy goals.

Metlen (ATH:MYTIL) offloads 42‑MW South Korea solar portfolio to HRE, sharpening its renewables focus and fueling Korean solar deal flow; financials undisclosed.