solar

Egypt Reducing Renewable Energy Target. Karim Badawi, petroleum minister for Egypt, said the country has cut the amount of renewable energy it will likely have online by 2040. Badawi on Oct. 20, speaking at

In the presence of Cuba’s Vice Prime Minister Ramiro Valdés and the Minister of Energy and Mines Vicente de la O Levy, the results of a study focused on the control and supervision of investments in photovoltaic parks and the maintenance of thermal power plants were analyzed in the Industry, Construction, and Energy Commission of […]

The American Clean Power Association (ACP) on Nov. 25 announced the release of the inaugural Solar Market Monitor, a market analysis of the domestic utility-scale solar industry produced by S&P Global Commodity Insights. The new report includes projections of a record-breaking year for solar, with more than 32 GW of installations for 2024. The new […]

A leading U.S. coal producer is partnering with a major developer of renewable energy projects to put solar energy and battery storage installations on reclaimed mine lands in Illinois and Indiana. Peabody Energy, headquartered in St. Louis, Missouri, and RWE on Nov. 21 announced a collaboration that will “invest in the rural parts of the […]

Renewable Energy developer, owner and operator Arevon Energy on Nov. 21 announced the start of operations at its Vikings Solar-plus-Storage Project in Imperial County, California, near Holtville. The $529 million project includes 157 MW of solar coupled with 150-MW/600-MWh of battery energy storage. Vikings, considered one of the first utility-scale solar peaker plants in the […]

An analysis from global data and analytics group Wood Mackenzie says Republican control of the White House and Congress means U.S. energy policy will move away from net-zero emissions targets, but there remains bipartisan support for the Inflation Reduction Act (IRA). The group also said competitive economics for renewable power resources mean the energy transition […]

A consortium of developers and state-run agencies announced plans for a 10-GW green hydrogen hub in the Malaysian state of Sabah, on the northern tip of Borneo. Property developer LBS Bina Group on Nov. 14 said it has a memorandum of understanding (MOU) with several groups for the facility. LBS is set to lead the […]

Swedish energy giant Vattenfall plans to invest more than $5 billion in Germany to increase the company’s renewable energy portfolio in that country. Robert Zurawski, Vattenfall’s chief financial officer in Germany, said the group will build more wind and solar farms in Germany, along with EV charging stations, over the next few years. Zurawski on […]

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. The company in a Nov. 8 filing with the U.S. Securities and Exchange Commission (SEC) said a challenging economy for the solar power industry requires reduced spending. The cuts come less […]

A California-based technology group has joined a global independent investment firm in an equity partnership that supports lease and power purchase agreements in the residential renewable energy sector. GoodLeap, headquartered in Roseville, California, and New York-based Tactical Infrastructure Partners (TIP) on Oct. 24 said they are acquiring more than $1.5 billion of residential solar and […]