Germany’s federal network agency (Bundesnetzagentur) has announced the results of its latest ground-mount solar auction, which closed with bids for more than twice as much capacity as was tendered.
Strike prices for solar PV in upcoming UK Contracts for Difference (CfD) allocation have been forecast to be around £63-68MWh (US$86-93MWh), according to trade body, Solar Energy UK (SEUK).
The European Investment Bank (EIB) is planning to provide dedicated support to European solar inverter manufacturers amid a call for greater energy security and strategic autonomy.
Global electricity demand is set to grow 2.5 times as fast as overall energy demand by 2030, ushering in what the International Energy Agency (IEA) has dubbed the “Age of Electricity”.