Sinopec has commissioned a 7.5 MW offshore floating solar project in full seawater conditions in China.
SolarPower Europe has underscored the role of domestic mounting system manufacturers in driving PV deployment across Europe, while calling for the adoption of international customs codes, stricter quality standards, and the inclusion of fixed-tilt racking systems in national resilience technology lists under the EU Net-Zero Industry Act (NZIA).
AleaSoft Energy Forecasting’s latest analysis finds weekly average electricity prices dropped across most major European markets last week, driven by lower gas and CO2 emissions prices and in some cases, an increase in solar energy production.
New research on the PV markets of the four countries forming the so-called Visegrad Group has confirmed that solar prosumers are driven primarily by economic interests rather than environmental concerns. The scientists coined the concept of “energy self-defense” to define all those behaviors that push homeowners to resort to PV in attempt to address price shocks.
Trina Solar has agreed to supply more than 700 MW of high-efficiency PV modules for projects in Spain and Italy under a five-year deal with Verbund Green Power, while EVE Energy says it will invest CNY 8.65 billion ($1.2 billion) in a new battery plant in Kedah, Malaysia.
In a new weekly update for pv magazine, Solcast, a DNV company, reports that solar irradiance in June was impacted by Mexico’s earliest major hurricane on record, while wildfire smoke and persistent cloud suppressed irradiance over most of central and eastern U.S.
British Solar Renewables reached financial close on 12-project solar portfolio with three co-located battery energy storage system (BESS) assets. The GBP 345 million financial package covers 536 MW of PV capacity and 146 MWh of BESS.
The European Commission has launched the Hydrogen Mechanism to support matching supply and demand under its Energy and Raw Materials Platform, while the US Senate has advanced a budget bill to extend the deadline for 45V hydrogen production tax credits to the end of 2027.
Turkey has installed about 7.6 GW of new solar capacity over the past year, driven largely by rising electricity prices and expanding uptake of net metering by commercial and industrial (C&I) consumers, Solar3GW President Yusuf Bahadir Turhan tells pv magazine.
Renewables accounted for 47.3% of electricity generation in the European Union in 2024, driven by a 7.7% year-on-year increase in output, according to data from Eurostat. Fossil fuel-fired power fell to 29.2% of the mix, while nuclear contributed 23.4%.
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