utility-scale solar

The Australian Energy Regulator (AER) has said that a delay in new renewable energy and energy storage capacity coming online on the National Electricity Market (NEM) in 2023-24 means the grid will reach 6.4GW at full capacity next year.

Estonian independent power producer Sunly has started construction on three utility-scale solar PV parks in Latvia.

Recurrent Energy, the renewables developer arm of solar manufacturer Canadian Solar, has reached commercial operation of its 100MW solar PV project in Texas, US.

Verano Energy started construction on a 200MW solar park in Argentina, while YPF Luz will use a new tax regime (dubbed RIGI) on a 305MW PV plant in Mendoza.

JinkoSolar has launched its latest range of modules, the Tiger Neo 3.0 series, which boast a power conversion efficiency of 24.8%.

The average global LCOE for fixed-axis solar PV systems in 2024 reached US$66/MWh, ranging from US$28/MWh to US$117/MWh.

Australia has topped the international leaderboard in scaling electricity generation from low-emission and clean technologies, with growth between 2018 and 2023 at just over 100%.

The loan guarantee will allow for the development of up to 200MW of solar PV and 285MW/1,140MWh of standalone BESS in Puerto Rico.

The US added 18.5GWac of utility-scale solar capacity in 2023, and added 14.3GWac of such capacity in the first eight months of 2024.

Solar PV is set to account for 80% of the 5,500GW of new clean energy additions made by 2030, according to the IEA.