Markets & Finance

The US added 18.5GWac of utility-scale solar capacity in 2023, and added 14.3GWac of such capacity in the first eight months of 2024.

In its World Energy Outlook 2024 report, the IEA said that geopolitical tensions and fragmentation are “major risks” for international energy supply security

As has been the case in many of Germany’s recent solar PV auctions, the innovation tender ended up oversubscribed with 1.8GW of capacity.

The decision has been forecast for some months and was welcomed today by Holland Solar, the Dutch solar association, which acknowledged that the current scheme is “no longer sustainable”.

Independent power producer BNZ has closed a financing deal worth €680 million (US$741million) to fund its ongoing solar portfolio expansion plans in southern Europe.

France installed 4GW of solar PV capacity in 2023, a “record” according to the International Energy Agency (IEA).

The EU would benefit from policies to develop 'nature-inclusive solar', according to SolarPower Europe and the Nature Conservancy.

Polysilicon prices have remained stable following a slight increase in supply, according to the latest figures.

US independent power producer (IPP) BrightNight has secured US$260 million in tax-equity finance from investment banks JP Morgan and Capital One, to aid in the development of a 300MW solar PV power plant in Pinal County, Arizona.

The world will need to invest US$1.5 trillion per year until 2030 to meet the target of tripling clean power capacity by 2030.