Markets & Finance

By 2040, up to 25GW of solar PV, battery storage and wind deployment could be reduced in the major power markets.

Reducing volatility impacts, managing cannibalisation and investing in grids will help solar energy cement its role in global energy systems.

SMA Solar has announced plans to conduct a 'company-wide restructuring' due to the impacts of what it calls a 'volatile' market environment.

The Saudi Arabian government’s power procurement arm has invited bids for up to 3GW of new solar PV capacity.

The global weighted average LCOE of utility-scale PV plants fell to US$0.044/kWh in 2023, a 12% year-on-year decline from 2022.

Chinese module manufacturer JA Solar has inked a 1GW solar PV module distribution agreement with Australia’s One Stop Warehouse (OSW), covering the European, US and Asia-Pacific markets.

Located in Clay County, Origis will develop, construct and operate the Hope Solar + Storage project with a BESS capacity of 200MW/800MWh.

Located in the central region of Lazio, Italy, the solar PV project is targeted to be constructed by 2026.

Australian investment bank Macquarie Asset Management (MAM) is set to invest up to US$1.73 billion to acquire a significant minority stake in US independent power producer D.E. Shaw Renewable Investments (DESRI).

The US Solar Energy Industries Association (SEIA) has launched a draft standard to help US companies meet traceability requirements.