Policy

The US general election and its aftermath, along with struggles from Western inverter manufacturers have dominated Q4 news in 2024.

In the final days of 2024, PV Tech is looking back at the stories that dominated the headlines in each quarter of the year.

Unlike the price ceiling for wind, which has not changed compared to 2024, all three auctions involving solar PV have been revised down to take into account the decrease in the forecast levelised cost of electricity, said the Bundesnetzagentur.

Approved under the State aid Temporary Crisis and Transition Framework (TCTF), the scheme aims to support the construction of new solar PV, onshore wind, hydropower for a combined 17.65GW of renewable capacity.

Overall, Germany (with 16.1GW added in 2024) continues to be the most important market in the European Union for solar PV, followed by Spain (9.3GW) and Italy (6.4GW).

A paper published by the ESMC Working Group praises the NZIA but says there are gaps which need to be filled.

Romania's Ministry of Energy’s first Contracts for Difference (CfD) has awarded 11 solar PV projects with a combined capacity of 432MW.

The waiver “Concluded that BABA-compliant modules will not likely be available from domestic manufacturers in sufficient quantities."

European solar manufacturing boasts a low carbon footprint, and falling material requirements, says SolarPower Europe.

The United States Studies Centre (USSC), a think tank based at the University of Sydney, has said that Australia has an opportunity to “fill niche gaps in the global solar supply chain” but risks relying on Chinese imported goods.