Installed rooftop solar capacity globally is on track to increase 61% between 2021 and 2025 as policy support encourages deployment and homeowners look to mitigate high electricity prices.
Spanish oil and gas major Repsol and telecommunications firm Telefonica have formed a joint venture (JV) to provide solar installs and energy services across different target markets in Spain.
Sweden’s solar output is set to triple over the next two years to 3TWh and, with electricity production from both wind and solar expected to increase, the Scandinavian country will export roughly 41TWh by 2024.
The levelised cost of electricity (LCOE) generated from solar power could fall by as much as 55% globally by 2030 as technology and production costs decline, new research from energy major bp has revealed.
Solar investor and asset manager NextEnergy Group has launched a new renewables development division that will aim to develop 5GW of projects within three years.
Italian utility Enel Group and Spanish bank Santander have agreed to collaborate on solar PV, lithium battery storage and energy efficiency solutions for the residential and commercial and industrial (C&I) sectors.
Module prices are to remain elevated for the next 18 months at least, with any additional manufacturing capacity set to be quickly swallowed by soaring demand and capacity addition outside of China considered risky, Finlay Colville, head of market research at Solar Media, has said.
Sungrow has launched its latest ST2752UX liquid-cooled battery energy storage system with an AC-/DC-coupling solution for utility-scale power plants across the world.
The new edition of our downstream solar journal, PV Tech Power volume 30, is now available to download, featuring coverage of the solar industry’s efforts to bridge a looming skills gap.
Eastern European solar markets face a familiar foe in grid constraints, especially with high voltage network capacity, but high energy prices are creating potential for merchant projects in the region.
