IRENA

The International Renewable Energy Agency (IRENA) has released new data on the cost of capital for solar PV, onshore and offshore wind in the period between 2020 and 2021. Results show that Germany and the Netherlands have the lowest cost of capital in Europe at 2.2%, while the United States, China, India, and Australia show values of 5.4%, 3.9%, 7.1%, and 4.6%, respectively.

The Croatian government has allocated €60 million ($65.6 million) in subsidies for businesses to install 80 MW of renewables and 20 MWh of batteries.

The International Renewable Energy Agency (IRENA) told Berlin Energy Transition Dialogue participants this week that $5.4 trillion of annual investment is needed to support the global shift to renewables. Kenyan President William Ruto, meanwhile, called for a fair energy partnership between Europe and Africa.

The International Renewable Energy Agency (IRENA) explains how to optimally use its SolarCity Simulator, an open-access platform designed to help member countries to deploy PV systems at the municipal level.

Global renewable capacity increased by 295 GW last year, bringing the world to a cumulative installed capacity of 3,372 GW, according to the International Renewable Energy Agency (IRENA).

Emirates Water and Electricity Co. (EWEC) has started accepting expressions of interest from pre-qualified developers to develop a 1.5 GW solar project in Abu Dhabi, the United Arab Emirates.

The photovoltaic industry is expected to achieve annual global expansion of 300 GW as early as this year. That sounds like a lot, but is it enough? In view of climate change and rising energy demand, it is time for a new vision.

Erthos claims that with its new installation method, solar facilities could occupy just one-third of the surface covered by conventional PV plants, potentially reducing installations costs by up to 20%.

Tongwei has revealed plans to add 25 GW of new module capacity at a new factory in Jiangsu province, while JA Solar has said that it will expand wafer, cell and module capacity across two industrial sites.

SolarPower Europe’s latest analysis reveals that 9.3 GWh of battery energy storage systems have been installed in more than 1 million European households this year.