Author name: TaiyangNews

Since the beginning of 2023 till August, the price of low-cost solar modules in Europe dropped by over 25% to fall under €0.15/W.

While the future looks bright, the US market continues to battle various challenges that analysts believe are stagnating pipeline growth.

UK has awarded a total of 3.7 GW new renewable energy capacity for AR5 auction round.

Global investment and management platform Qualitas Energy has raised €280 million ($300 million) as refinancing for its Mula PV Project in Spain’s Murcia.

Italy’s total installed solar PV capacity at the end of June 2023 grew to 27.37 GW with the addition of 2.32 GW deployed in H1/2023.

The ABCD-Horizon consortium plans to install solar PV systems at 45 rest areas in Romandie, Valais and Bern regions.

Serbia’s inaugural wind and solar energy auction is part of the government’s 1.3 GW Incentive System Plan to be completed over 3 years.

The monthly solar installations in Germany are inching closer to the required 1.57 GW to achieve the 215 GW target by 2030.

Romania is to start with 2 GW onshore wind and solar auction out of its multi-year plan to award a total of 10 GW capacity under CfD scheme.

Hungary’s €2.36 billion scheme for accelerated investments in strategic sectors, including solar PV, has secured a green signal from the European Commission.

Launched in March 2023, UK’s AR5 auction round initially had a budget of £205 million which has now been raised to £227 million.

The EU needs to take steps to improve grid and market preparedness, according to a letter written by industry associations.

BloombergNEF sees solar PV leading the US’ power system with over 2 TW installed capacity by 2050 under the Net-Zero Scenario.

Encavis will float a joint venture (JV) with Freiburg based energy supplier badenova AG & Co KG to establish 500 MW renewable capacity in the country.