Bulgaria’s Ministry of Energy has launched two tenders to add 1,425MW of renewable power generation to the grid and 350MW of battery energy storage system (BESS) projects.
The global target of reaching 11TW of renewable generation capacity by 2030 is feasible, but according to the International Renewable Energy Agency (IRENA), actions such as modernising and expanding infrastructure, scaling up financing, and strengthening international collaborations are required to overcome structural barriers to global energy transition.
As was common last year in the global solar sector, 2023 proved to be a record-breaking year for Belgium’s solar industry. According to the Belgian energy association, Energie Commune, the country installed 1.8GW of new solar capacity last year, breaking the record for annual installations set in 2022 with 1.3GW of capacity and pushing the country’s total operating solar portfolio to 9.9GW.
Polish transmission system operator (TSO) Polskie Sieci Elektroenergetyczne (PSE) is planning to invest PLN64 billion (US$16 billion) in new transmission lines by 2034.
Major Chinese solar manufacturer LONGi is reportedly cutting about 30% of its workforce as it adapts to growing overcapacity in the solar sector.
The Council of the EU has approved a law that will require some EU companies to audit their supply chains to avoid environmental damage and human rights abuses.
PV manufacturer Meyer Burger has posted financial results for 2023, with net loss increasing by 318% to CHF292 million (US$330.6 million).
Several European countries have underestimated the deployment of solar PV by 205GW by 2030, according to energy think tank Ember’s latest report.
The top five US states for solar installation added over 18GW of new PV generation capacity in 2023 between them, in a year which saw solar account for 53% of all US electricity capacity additions.
The European Parliament has approved a law requiring member states to deploy solar installations on buildings and renovate them to improve their energy efficiency.
Continued growth in rooftop solar and “record-breaking” investment into utility-scale energy storage led renewable energy to fulfil almost 40% of Australia’s electricity supply in 2023, according to a new report from the Clean Energy Council (CEC).
First Solar CEO Mark Widmar has said that the US solar manufacturing industry “remains in a precarious position, despite the passage of the Inflation Reduction Act (IRA)”.
