Approved under the State aid Temporary Crisis and Transition Framework (TCTF), the scheme aims to support the construction of new solar PV, onshore wind, hydropower for a combined 17.65GW of renewable capacity.
Overall, Germany (with 16.1GW added in 2024) continues to be the most important market in the European Union for solar PV, followed by Spain (9.3GW) and Italy (6.4GW).
Construction company DT Infrastructure (DTI) has secured a contract to deliver Lightsource bp’s 450MW Goulburn River solar PV plant in New South Wales, Australia.
NuVision Solar, a new US-based solar manufacturer, has been formed and aims to build a heterojunction (HJT) solar cell and module assembly plant in the US.