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Solar PV made half of new renewables investments in 2021 – IEA

Solar PV has made nearly half of all new investments in renewable power in 2021, according to the International Energy Agency (IEA). After a record...

Sungrow shipped nearly 50GW of PV inverters in 2021, takes top spot in global rankings

Sungrow was the world’s biggest PV inverter company in 2021, shipping 47.1GW of products and expanding its production facilities in Asia, according to research...

US solar remains beset by underperformance issues as capex costs on the rise

Utility-scale solar in the US remains plagued by underperformance issues as capex costs have risen for the “first time in decades”. That is the conclusion...

Solar expected to add 190GW of capacity this year before new energy policies taken into account – IEA

The world added record amounts of renewable energy last year with 295GW of capacity deployed, up 6% year-on-year, despite supply chain constraints, project delays...

EDPR adds 465MW of renewables capacity in Q1 following Sunseap acquisition

EDP Renewables (EDPR) added a total of 465MW of wind and solar capacity in Q1 2022, mainly due to its acquisition of Singaporean developer...

Solar buildout to increase five-fold by 2050 as renewables become the ‘new baseload’, says McKinsey

Global solar installations are expected to increase five-fold, making up nearly half of all power generation by 2050 as renewables become the “new baseload”. That...

India solar module prices up 38% since mid-2020 as demand outstrips supply

PV module prices in India have increased by ~38% in the last 20 months, in part due to supply chain disruptions and rising solar...

India set to miss 2022 100GW solar target after poor rooftop performance, 2030 target in long-term jeopardy

India is set to fall well short of its 2022 solar target of 100GW of installed solar capacity due to the slow uptake of...

Renewables ready to ‘turn marathon into a sprint’ as IPCC report calls for acceleration

Solar, wind and energy storage will do much of the heavy lifting in decarbonising the energy sector, with fossil fuel assets left stranded, however...

SolarPower Europe unveils eight actions needed to reach 1TW of solar PV by 2030

SolarPower Europe has issued a list of eight actions that will help Europe accelerate solar deployment to reach a total capacity of 1TW by...

Pursuing greater electrification in Sub-Saharan Africa: ‘The future of energy may be forged there’

The drive to electrify Sub-Saharan Africa will require US$350 billion of investment and could reveal an alternative vision for the energy transition that focuses...

US residential solar deployment moving towards less affluent households, says Berkeley Lab

Falling PV prices and expanded financing options have contributed to a rise in rooftop solar deployment among lower-income households in the US in recent...

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China CORNEX signed cooperation agreement with the Italian Cestari Group

On November 13, CORNEX signed a strategic cooperation agreement with the Italian company Cestari Group in Wuhan, Hubei Province, China. According to the agreement,...

Solar Leader Enphase Energy Cutting 500 Jobs

California-based Enphase Energy, a company known for its solar power and electric vehicle (EV) charging technology, announced it is laying off about 500 workers....

Cincinnati’s solar array powers city operations, tens of thousands of homes

A sprawling solar array in Highland County now powers 20% of Cincinnati's operations and tens of thousands of homes. Cincinnati’s 900-acre solar farm was completed...

1.2-GW solar panel assembly facility to open in Puerto Rico

A contract solar panel assembly facility will soon open in Aguadilla, Puerto Rico, that will supply the utility-scale market on the island and hopefully...