Ingka Group, a retailer that runs the majority of IKEA stores, has allocated an additional €4 billion (US$4.8 billion) to invest in solar and wind plants.
‘Solar Module Super League’ (SMSL) member LONGi Solar has reported total PV module shipments of 24.53GW in 2020, setting a new industry shipment record and leapfrogging rivals to become the largest PV manufacturer in the world for the first time.
A new PV manufacturing start-up, Greenland, is collaborating with Fraunhofer ISE and Bosch Rexroth on a 5GW highly automated and integrated manufacturing facility in Spain.
India presents an “enormous potential” for the development of solar and wind hybrid power systems, with more than 12.3GW of collocated tenders issued in the country to date.
Small-scale solar specialist CleanCapital has secured a US$300 million investment from Manulife Investment Management to help grow its asset portfolio.
US solar tracker company FTC Solar become the latest tracker provider to launch an initial public offering (IPO), aiming to raise up to US$423 million.
Amazon has announced plans for nine new utility-scale solar and wind projects in the US, Canada, Spain, Sweden and the UK, putting it on track to powering all its activities with renewables by 2025.
China’s government has signalled it will aim to deploy enough solar and wind power generation this year to make up 11% of the country’s total power mix, according to its power planning agency the National Energy Administration (NEA).
Photon Energy has reached more than 420MWp of PV projects under development, as the Netherlands-based renewables company weathered the impacts of COVID-19 on its financial performance last year.
The US Department of the Interior (DOI) has established a new Climate Task Force to accelerate the adoption of renewable energy generation across the country and revoked several Trump administration policies promoting fossil fuels on public land.
