US Solar Power Generation To Grow by 75% Through 2025, Says EIA
The US Energy Information Administration (EIA) says it expects solar generation to grow from 163 billion kWh in 2023 to 286 billion kWh in 2025.
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New Solar Plant Deployments Improved by 496 MW With Significant Improvement in Prosumers
Romania added 496 MW of solar capacity in 2023, surging from 25 MW in 2022. Prosumers now exceed 100,000, with a total capacity surpassing 1.5 GW.
PV and Prices – The Fast Uptake of Solar in Australia
Australia currently has about 40% renewable electricity, mostly solar and wind. This is not causing wholesale spot prices to change, nor destabilizing the grid. On current policy settings, the country will reach 82% renewable electricity in 2030.
Renewables-Powered High Temperature Heat Pumps Are Cheapest Option for Industrial Steam
New research from Austria has compared different industrial heat-generating techniques and has found that wind or solar-powered heat pumps are the cheapest and most environment-friendly solution.
ERG Ventures Into US Renewable Energy Market & More From Altus Power, Enel Green Power
ERG joins US renewables with Apex, Altus secures $100M financing from Goldman Sachs and CPPIB, and Enel sells 150 MW assets to ORMAT for $271M.
German Grid Operator Expects New 2023 Solar Capacity To Hit 14.1 GW
Germany’s Federal Network Agency (Bundesnetzagentur) says developers likely installed 14.1 GW of new solar capacity in 2023, with more than 260,000 balcony solar modules now in operation.
France Hits Average Price of €85.20/MWh in 512 MW Hydro-Wind-Pv Tender
France has achieved an average price of €85.20 ($93.72)/MWh in a 512 MW hydro-wind-PV tender. It has selected 34 projects, including four wind installations and 30 ground-mounted solar plants, from developers such as EDF, Neoen, and BayWa re.