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Global PV markets

Renewable energy jobs reach 12 million globally, forecast to reach 25 million by 2030

A new report by IRENA and the International Labour Organization highlights the employment potential of an ambitious climate strategy and calls for comprehensive policies in support of a just energy transition.

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Frazium Energy signs €100 million deal for mega solar-storage project in Eswatini

With an initial capacity of 100 MW, the plant will supply more than 100 million kWh a year to countries in the Southern African Development Community (SADC) region, helping to reduce load shedding by providing much needed power at peak times.

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Huawei wins major energy storage project contract in Saudi Arabia

Chinese tech giant Huawei Digital Power has signed a contract with China’s SEPCOIII, a construction and engineering company and power plant operator, for a 400 MW PV plus 1300 MWh battery energy storage project in Saudi Arabia. Developed by ACWA Power, with SEPCOIII serving as general contractor and handling EPC services, the Red Sea Project […]

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SUN Exchange secures $2.5 million in convertible note financing

Sun Exchange is seeking to deploy 1 GW of solar power projects in Africa the next five years as it further expands its user base. Sun Exchange CEO Abraham Cambridge spoke to pv magazine about how the company will use its newly acquired funds.

Chinese PV Industry Brief: Solar glass companies see profits soar in first half of 2021

A series statements from China PV glass companies showed the entire PV glass industry benefited from the accelerated development of solar PV and achieved outstanding performances in the first half of 2021.

The Hydrogen Stream: Italy’s Eni lays out plans in Algeria and Egypt, UAE joins race with help from Japan

Italian energy company Eni is partnering with local companies in Algeria and Egypt to explore the possibility of producing green and blue hydrogen in the North African countries. The United Arab Emirates is also collaborating with Japanese partners to develop the country’s hydrogen sector, while in New York, hydrogen has arrived in Long Island.

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BNEF: Solar beats wind on CAPEX in the developing world

The company’s latest Climatescope report also finds that more renewable energy is being built in developing nations than in developed ones.

IEA: solar, wind need new policies to tackle variability concerns

New report by the International Energy Agency identifies the integration of masses of variable renewable energy as the chief challenge facing next-generation solar and wind power, citing policy support as key in maximizing potential.

MEPs urge European Commission to end solar trade duties

A total of 22 Members of European Parliament, including the vice-chair of the Energy Committee of the European Parliament, co-sign a letter addressed to the European Commission calling for the removal of antidumping and anti-subsidy duties against Chinese solar components.

Younicos to design 49 MW battery solution to UK’s largest storage project

The Berlin-based battery and software specialist has been selected by British energy firm Centrica to design and supply a 49 MW lithium-ion system located at a former gas and coal power plant in northern England.

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