Europe

Advances in AI will lead to a “paradigm shift” in solar asset management, with a range of complex analytics and plant performance processes becoming as simple as talking to a chatbot.

PV Talk: Govinda Upadhyay, CEO of SmartHelio, gives Ben Willis a sneak preview of an AI-based tool that he believes could herald a “paradigm shift” in tackling PV plant underperformance.

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.

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.

MCPV has raised €4.2 million (US$4.6 million) to support the development of its 4GW heterojunction (HJT) cell factory in the Netherlands.

According to BayWa's Tomaso Charlemont, optimising the performance of solar PV projects will encourage the growth of 'value-added EPC' work.