Markets & Finance

The Tech Council of Australia (TCA) has today (25 February) launched the Consumer Energy Tech Alliance (CETA), aiming to support the uptake of solar PV, battery storage, and smart technologies with its integration into the energy grid.

The US added a record 49GW of new solar capacity in 2024, according to figures from the BCSE and Bloomberg New Energy Finance.

The ESMC has called for more comprehensive support measures for European solar manufacturing following a leak from the European Commission.

France has launched its 10th commercial and industrial (C&I) rooftop tender, seeking 400MW of solar PV.

Australia’s Mount Isa City Council in Queensland has released an economic roadmap detailing that the region has some of eastern Australia’s highest potential for co-located solar and wind, with a possible generation capacity of over 26GW.

Dutch solar project developer and asset owner Photon Energy Group said in its Q4 2024 financial results that it lost €1.5 million (US$1.57 million) on the sale of two operating solar PV power plants and a solar hybrid site in New South Wales, Australia.

The credits are Section 45X Advanced Manufacturing Production tax credits generated from selling its modules from US manufacturing bases.

According to Italy’s solar association, last year saw a divergence in the fortunes of the utility-scale and residential solar sectors.

The Indian Central Electricity Authority has advised state utilities and all renewable energy implementing agencies to co-locate energy storage systems with solar PV in future tenders.

The firm posted net losses (in accordance with generally accepted accounting principles (GAAP)) of US$1.81 billion over 2024 .