Portugal’s first floating solar auction closed with a world record-low price, with utilities EDP and Endesa among the winning bidders, the country’s environment ministry has announced.
Portugal will aim to increase the share of renewables in electricity production to 80% by 2026, four years earlier than previously planned, its new government announced ahead of the country’s latest solar auction.
Solar players in Europe have called for efforts to accelerate renewables deployment and unlock more corporate power purchase agreement (PPA) volumes in light of the European Union’s (EU) push for more energy independence following Russia’s invasion of Ukraine. Jules Scully hears from them directly.
After years of not living up to its solar potential, Brazil is on the cusp of a solar boom. A confluence of factors has led to rapid investment and deployment in the country, but a few hurdles still need to be overcome, writes Sean Rai-Roche.
India’s expanded production-linked incentive (PLI) scheme for solar manufacturing could be altered to encourage more domestic PV players to participate.
Finlay Colville, head of market research at PV Tech, explores why PV module supply to the US market is so heavily scrutinised and why ASPs are sky-high, while also previewing this year’s PV ModuleTech event, to be held in the US for the first time.
Subsidies could still be an important driving force of solar adoption among low- and moderate-income (LMI) households in the US given the relatively high up-front cost of installing PV systems, according to Lawrence Berkeley National Laboratory (Berkeley Lab).
France should take “radical and immediate measures” to transform its energy system and rapidly accelerate solar deployment, the country’s PV trade association has said.
Russia’s invasion of Ukraine means that ensuring security of energy supply through the expansion of renewables should be a priority for policymakers, according to the CEO of German utility RWE.
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.