Norwegian analyst Rystad Energy has warned the solar industry could suffer the same effects of rising input prices as onshore wind developers grappling with ever more costly steel, with much hinging on how much solar panel raw material polysilicon can be manufactured.
With the Polish government planning to commission five gas power plants over the next five years, London-based thinktank Carbon Tracker has estimated just how costly the move will be, compared to deploying solar plants and energy storage instead.
SunPower is selling its C&I operations so it can focus on expanding its residential business, while TotalEnergies will advance its distributed generation activities in the US market.
The $87 million Kesses solar project, in Kenya’s Rift Valley town of Eldoret, is set for completion by Spanish developer Alten this year.
With the Italian government temporarily limiting the returns available from solar plants on the wholesale energy market, Swiss investor SUSI Partners says the underlying strength of the country’s PV industry remains.
The European Commission wants to introduce legislation to back semiconductor research and to address the immediate problem of supply chain bottlenecks by drumming up more than €43 billion, with member states and the private sector expected to contribute.
Mario Draghi’s administration has replaced market-driven electricity prices for the rest of the year and replaced them with tariffs based on historical averages. With solar plant operators among those affected, the European trade body for PV is not amused.
Utility Nova Scotia Power wanted to impose a monthly charge on net-metered solar system owners which the Canadian Renewable Energy Association said could have doubled the payback period for household and commercial arrays.
Shell has completed its acquisition of Powershop Australia. The takeover sparked a heated outcry when it was first announced in November.
Commercial and industrial clients across the continent are turning to solar amid fears ever more cash-strapped conventional electricity companies will be unable to invest in their creaking grids, an online event has heard.
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