As of today, less than 10% of the necessary solar and wind power needed for a 2050 global net zero scenario exists, whilst global electricity generation will need to more than triple to 80,000TWh, according to the 2022 BloombergNEF (BNEF) New Energy Outlook.
Global PV power company VivoPower International has entered into an agreement for the sale of its minority interests in two PV plants operating in North Carolina to a subsidiary of New Energy Solar (NES).