The International Energy Agency’s latest report warns that failing to support integration at the point of deployment could jeopardise up to 15% of solar and wind projects by 2030. This shortfall would reduce their combined share of the global electricity mix by 5%.
The Solomon Islands Renewable Energy Development Project will finance two solar farms and a utility-scale grid-connected energy storage system on the Solomon Islands. The Asian Development Bank, SAsian Development Bank and Solomon Power are all financing the project.
Private equity investor Actis has become a strategic partner in a 3.5 GW / 4.5 GWh solar-plus-storage project in the Philippines. The project is poised to become the world’s largest integrated renewables and energy storage installation upon completion.
Government-backed Energy Fiji Limited has started accepting bids for the development, operation and maintenance of three ground-mounted solar plants in Fiji with a combined capacity of 21.93 MW.
BloombergNEF says the global solar industry will install 592 GW of modules this year, up 33% on 2023. The consultancy has also lowered its estimate for 2024 polysilicon production, as manufacturers are temporarily scaling back output.
A new report by the International Energy Agency’s Photovoltaics Power Systems Program (IEA-PVPS) says that existing PV systems have the technical capabilities to provide various frequency-related grid services.
The latest report from the International Energy Agency’s Photovoltaic Power Systems Program covers best practices for the optimisation of bifacial PV tracking systems and discusses key areas for improvement.
The Board of Investments of the Philippines has granted a green lane certificate to a solar project that is being touted as the largest in the world to date. The accreditation will facilitate easier approval and processing of permits.
Research consultancy Rystad Energy is predicting solar power will become China’s primary source of electricity by 2026, after the combined capacity of the country’s deployed solar and wind power overtook coal for the first time in June.
Global tracker shipments reached 92 GWdc last year, according to WoodMackenzies’ latest report, with three United States-based manufacturers, Nextracker, Array Technologies and GameChange Solar, ranking as the three largest shippers in the world.
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