Sky-high electricity prices and an increasing urgency to curb fossil fuel led to a surge in European solar additions last year. Jules Scully charts how the continent’s ongoing energy crisis is affecting EU renewables policy and PPA appetite.
PV manufacturer Goldi Solar is planning to participate in India’s expanded production-linked incentive (PLI) programme as it bids to ramp up its module and cell production to 6GW and 5GW, respectively, by the end of 2025.
Despite the headwinds impacting module supply and solar deployment, India’s solar market is expected to emerge from a slow 2023 with significant growth and feel the benefit of the country’s protectionist domestic manufacturing policies.
Austria's government has released a series of measures to accelerate the deployment of solar which will simplify environmental permits and increase funding for solar PV.
The US Department of Energy (DOE) and the National Renewable Energy Laboratory (NREL) have announced a second round of applications for cybersecurity solutions to secure renewable energy assets.
France has awarded 172.9MW of solar PV capacity in the most recent auction, according to the country's Ministry of Solidarity and Ecological Transition. The tender was oversubscribed and ended up awarding 32MW more than the planned 140MW capacity, spread between 66 projects.
Latin America-focused solar developer Atlas Renewable Energy has secured a US$210 million loan from the Brazilian Development Bank (BNDES) to finance its 438MW Boa Sorte solar project in Brazil.
In early December, the Dutch government announced a €130/MWh revenue cap on solar and wind generation. The decision to lower the cap draws eyes, and potentially spells trouble for the country that installed Europe’s fourth largest solar capacity in 2022.
The share of renewables in net electricity generation in Germany nearly accounted for half of total power generation in 2022 with 49.6%, according to the Fraunhofer Institute for Solar Energy Systems (ISE).