About 46% of new generating capacity is expected to be PV, giving it the largest share of the new generation mix.

US-based alternative investment management company Blackstone is set to invest around $3bn in renewable energy developer Invenergy Renewables Holdings.

US-based electrolyser maker Cummins has formed a joint venture with Chinese state-owned oil giant Sinopec to be known as Cummins Enze which will build a 1GW PEM electrolyser factory in southern China.

The U.S. Department of Energy (DOE) announced another $100 million for projects with new technologies to help reduce emissions, increase energy efficiency and modernize the grid.

Colorado-based renewables developer Scout Clean Energy has clinched a deal to acquire a 112-MW DC solar project in Missouri from developer Azimuth Renewables LLC.

The Biden administration has approved two major solar projects in the California desert and is working on permit applications for 50 more clean energy facilities, it said as it seeks to deliver on the president’s climate change agenda.

A 9.2-megawatt solar array on the roof of a commercial warehouse in Maryland is now the largest rooftop community solar project in the U.S.