Germany Allocates 1.61 GW in Latest Utility-Scale PV Tender
Germany’s latest auction for utility-scale solar concluded with prices ranging from €0.0444 ($0.048)/kWh to €0.0547/kWh. The procurement exercise was significantly oversubscribed.
Sourcing insights and market trends for the renewable energy industry.
Germany’s latest auction for utility-scale solar concluded with prices ranging from €0.0444 ($0.048)/kWh to €0.0547/kWh. The procurement exercise was significantly oversubscribed.
A new report by Green Energy Markets (GEM) to the Australian Energy Market Operator (AEMO) confirms the future domination of rooftop solar and battery storage in Australia, with a projected cumulative PV capacity potential of 66 GW to 98.5 GW by 2054.
Germany installed 1.25 GW of solar in January, bringing the nation’s cumulative PV capacity to 82.19 GW by the end of the month, with more than 3.7 million projects in total.
China’s National Energy Administration (NEA) has revealed that China’s cumulative PV capacity reached 609.49 GW at the end of 2023.
Prices for power purchase agreements (PPAs) rose in some US markets such as California and declined in others, including Texas, according to a new report from LevelTen Energy.
China’s total solar capacity hits 610 GW in 2023 with the annual addition of 216.88 GW, contributing 42% to global renewable additions.
Germany’s Dec 2023 solar tender sees record interest: 574 bids for 1.61 GW, winning tariffs drop significantly. Bavaria leads with 604 MW.
California’s rooftop solar industry is rapidly shedding jobs and losing companies to bankruptcy due to policy changes. The California Solar and Storage Association (CALSSA) has suggested some near-term policy changes to slow the bleeding.
Heat pump sales in Germany rose by more than 50% for the second year in a row in 2023, according to new figures from Bundesverband Wärmepumpe (BWP).
Lightsource bp sells Italian projects; Google adds 700 MW in Europe; Jyske Bank funds Better Energy; Groupe Pochet adopts solar; EBRD for Greek RE
Demand for foldable solar panels has increased in recent years. Read on to gain more industry insights and tips on selecting panels for different customers.
Solar panel and system prices are on the decline in Australia, but figures from industry analyst SunWiz show that a growing number of Australian households are opting to forgo savings in search of higher generation capacity.
The scheme is expected to help around 6,000 homes install solar panels and will open for applications in February.
Spain‘s solar self-consumption capacity, over 7 GW, surpasses nuclear. Growth driven by solar resources and falling costs.
Political inertia, bureaucracy, and governance gaps hamper renewable growth in North Macedonia and Serbia, says Climate Action Network (CAN) Europe study.