News

Solar PV accounted for 55.8% of the total power generation capacity added to the Indian grid in 2023, including fossil fuel additions which rose considerably over the year in response to growing electricity demand.

Germany commissioned more than one million new solar power projects in 2023, according to the Bundesverband Solarwirtschaft (BSW).

Empact Technologies will manage Inflation Reduction Act (IRA) compliance for Ampliform's current and future projects.

The growth of global annual solar PV installations will start to slow this year, including the US, according to Woodmac.

UK-based energy group Octopus Energy has acquired its first solar PV portfolio of 142.8MW projects in Germany.

Italy generated record-breaking volumes of both solar PV and wind power in 2023, producing 30.6TWh and 23.4TWh of electricity, respectively.

Over the last six months, two major US utilities – American Electric Power (AEP) and Duke Energy – have been selling off their commercial solar PV assets to private investment groups and consolidating their operations in regulated markets.

US renewable energy developer Deriva Energy has acquired a 140MW solar PV project in Colorado from German solar developer JUWI.

Between US$7 and US$9 billion in transferable tax credit transactions were made last year in the US, according to a report from Crux, an ecosystem for entities to transact and manage transferable tax credits.

A 3.2MW solar agrivoltaics (agriPV) project operated by German utility RWE for demonstration has started supplying electricity to the grid.