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Shell, EPI partner to develop 1GW of utility-scale solar PV in the Philippines

Shell Overseas Investments and renewable energy company Emerging Power Inc. (EPI) have agreed to jointly develop, own, operate and maintain 1GW of utility-scale solar PV in the Philippines by 2028.

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Grenergy looking to raise US$95m to accelerate growth in Europe and storage development

Spanish developer Grenergy has launched a €90 million (US$94.8 million) accelerated capital increase to fuel growth in Europe and develop its energy storage capacity.

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The number of new energy vehicles is set to quadruple by 2025, and the road transport sector is still expected to achieve net zero emissions by 2050

The Long-term Market Outlook for New Energy Vehicles Outlines two scenarios for electric mobility penetration by 2050 and explores the impact on batteries, metal raw materials, oil, power and infrastructure demand, and emissions.

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California needs energy storage batteries to make photovoltaics more economical

According to Bloomberg New Energy Finance, California's large energy storage batteries will account for 43% of its installed large photovoltaic capacity by 2030. Installing storage batteries is crucial to shifting the state's high-pv generation to peak demand.

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Europe accounted for more than half of China's total pv exports in April

In April 2022, Europe imported $2.1 billion worth of Chinese pv products, accounting for 60% of China's total exports. It was the highest monthly import volume since records began in 2015. In the first four months of 2022, Europe accounted for 45% of China's total exports.

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New pv installations will increase by 31% in 2022 and steadily increase to 2030

Europe is a bright spot for pv module makers such as Longi Green Energy and Artessun. The German installer says his team is fully booked for rooftop pv installations until 2023.

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