IRENA: World Added 127 GW New Solar Capacity In 2020

IRENA Releases Latest Renewable Capacity Statistics 2021: Of Over 260 GW Renewable Energy Capacity Added Globally In 2020, Solar Power Contributed 127 GW With China Adding 49 GW & Vietnam 11 GW

With the addition of over 260 GW of new renewable energy capacity in 2020 globally— an annual increase of around 50%—which came despite the economic slowdown due to COVID-19 pandemic, the cumulative installed renewable energy capacity of the world went up to a total of 2,799 GW, according to the International Renewable Energy Agency (IRENA).

French Construction Group To Acquire ACS’ Energy Business

ACS Group To Offload Renewables Division ACS Industrial Services As French Construction Company Vinci Makes Binding Offer For €4.9 Billion; A Renewables Focused Joint Venture On Cards Too

In October 2020, French concessions and construction company Vinci made a non-binding takeover offer for €5.2 billion to ACS Group of Spain for ACS Industrial Services that also operates the renewable energy business under the brand name of Cobra (see French Firm To Buy Renewables Business From ACS Group).

Recommended Guidelines For Floating Solar PV

DNV & 24 Industry Partners As BayWa, Ciel & Terre, Total, Statkraft, RWE, Acciona Energia, EDF, EDP, Among Others Launch Recommended Practice Guidelines For Floating Solar PV Projects

Norway based global energy consultant DNV, previously DNV GL, along with 24 consortium partners has published some recommendations for the deployment of floating solar power projects, intending the document to be used as a commonly recognized guidance for safe and sustainable operation of floating solar PV (FPV) projects.

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