Markets & Finance

Continued growth in rooftop solar and “record-breaking” investment into utility-scale energy storage led renewable energy to fulfil almost 40% of Australia’s electricity supply in 2023.

ACEN will provide BrightNight with resources to fund its buildout in the Philippines and long-term growth in the country.

Research into perovskites, as well as new storage technology, will be supported by Japan’s US$11 billion Climate Transition Bond.

Primergy has secured US$588 million in financing for its 408MWac Ash Creek solar-plus-storage project in the US state of Texas.

Solar manufacturer Aiko has signed supply deals for 2GW of its GEN 2 N-type ABC (All Back Contact) modules in Australia, marking its entry into the market.

The top five US states for solar installation added over 18GW of new PV generation capacity in 2023 between them, in a year which saw solar account for 53% of all US electricity capacity additions.

Despite having a healthy solar target, Ireland’s most recent renewable energy capacity auction saw a disappointing result for PV. Lena Dias Martins looks at the obstacles causing delays and barriers to the rollout of solar on the Emerald Isle.

Finnish investor Korkia and solar developer Global Consulting Energy have formed a development company to build up to 1GW solar PV portfolio in Italy.

This week, the European Council confirmed that solar module manufacturers will bear responsibility for the waste disposal and recycling of modules in the EU.

Solar accounted for 53% of all new electricity-generating capacity in 2023, making up over half of new generating capacity for the first time.