Much has been written about the surge in solar manufacturing in the US since the passage of the Inflation Reduction Act (IRA). In tandem with the IRA, that surge is being driven by buyers increasingly turning to domestic manufacturers to de-risk their solar panel supply.
Solar and wind power accounted for 30% of the EU’s electricity generation in the first half of 2024, exceeding the contribution of fossil fuels in the first six months of the year.
Canadian solar manufacturer Heliene and Indian solar cell producer Premier Energies have formed a joint venture (JV) to build a 1GW solar cell production facility in the US.
Chinese solar manufacturer Q-Sun Solar has signed a deal to develop a 10GW n-type solar module and cell manufacturing facility in Oman.
Europe could meet its 2040 renewable energy targets using just 2.2% of its total available land, according to analysis by the European Environmental Bureau (EEB), an independent representative group.
US energy company NextEra Energy posted adjusted earnings of US$1.968 billion in its Q2 2024 financial results, a roughly 9% increase compared with the same period in 2023.
Swiss analyst Pexapark has published its latest report into the European power purchase agreement (PPA) space, noting a 1.5% decline in the average price of a PPA signed in Europe, from the end of May to the end of June.
With the European PV market riding the wave of the rapid transition to green energy, the adoption of PV power is becoming more common in people’s everyday lives, with this sustainable energy source presenting itself as a reliable and eco-friendly option for households and businesses alike. The significant growth rate of PV in Europe is a testament to the continent’s commitment to promoting clean energy systems and creating a low-carbon future. In recent years, there has been significant growth in the adoption of solar energy for applications including residential rooftops and balconies, with this trend driving the surge in demand for lightweight and flexible modules, which deliver the dual benefits of efficiency and portability.
A roundup of two agrivoltaics projects from different sides of the world. Avangrid has begun grazing sheep at two PV sites in the Pacific Northwest of the US, whilst Lodestone Energy and Trina Solar have completed construction of a solar-plus-sheep project in New Zealand.
China added 102.48GW of new PV installations between January and June 2024, according to the latest data from China’s National Energy Administration.
The Indian government has published its latest budget, which includes a plan to install new rooftop solar systems on ten million homes across the country.
Power purchase agreement (PPA) analyst LevelTen energy has published its latest report into renewable energy PPA prices, noting that while the average PPA price has steadily increased in the US, such prices have fallen considerably in Europe.
