Data from Gogla showed that the global off-grid solar sector had a record investment of US$746 million in 2022, increasing by US$289 million or 63% year-on-year.
A record growth from solar and wind power, increased its global electricity to 12% in 2022, however, other clean energy resources have dropped for the first time since 2011, according to energy thinktank Ember.
PV manufacturer Huasun has signed a 1.5GW module supply deal with Bulgarian engineering, procurement and construction (EPC) company Inercom to run through to the end of 2025.
The Bulgarian Ministry of Energy and the European Bank for Reconstruction and Development (EBRD) have signed two agreements for the development of renewables in the country.
Panellists during last month’s Large Scale Solar Europe event, hosted by PV Tech publisher Solar Media in Lisbon, discussed the issue of grid modernisation in Europe and how it affects the growth of solar PV across several European Union members.