News
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European solar PPA prices down slightly in Q1 2023 – LevelTen
Spain was the only European market where solar PPA prices did not decrease during Q1 2023. Image: Arctech. For the first time in two years, European solar power purchase agreements (PPAs) have dropped during the first quarter of 2023 compared with the fourth quarter of 2022. With a slight decr...Read more -
UL Solutions publishes new solar and storage cyber security requirements
UL Solutions and the National Renewable Energy Laboratory announced testable requirements for energy storage and energy generation technologies on the distribution grid. Image: UL Solutions Testing and certifications company UL Solutions has published a new set of cyber security certification ...Read more -
Businesses forecast energy transition to take longer than expected
Globally, 8% of business leaders believed that full transition to renewables in their country would never happen. Image: EDF Renewables. More businesses expected their respective country to fully transition to renewables later than 2050 than did policymakers, while the majority of them believe...Read more -
Corporate funding for solar up 55% to US$8.4 billion in Q1 2023
Silicon Ranch’s Selmer, Tennessee solar farm. The company received the highest venture capital investment of any solar company in Q1 2023. Image: Silicon Ranch The total corporate funding into the global solar sector increased by 55% in Q1 2023 compared with Q4 2022, and 11% year-on-year compa...Read more -
OX2 acquires 475MW Finland solar PV plant
Swedish solar developer OX2 has two other PV projects under development in Finland with a combined capacity of 560MW. Image: Unsplash. Solar developer OX2 has acquired the project rights to a 475MW solar PV project in Finland from Finnish PV developer SAJM Holding Oy. The Huittinen solar farm ...Read more -
400 solar companies petition US Congress to uphold AD/CVD waiver, warning of US$1 billion in retroactive duties
The initial petition came from lawmakers from both sides of the house looking to reimpose import duties. Image: Pixabay Over 400 US solar companies have sent a letter to Congress advising against the repeal of Joe Biden’s two-year waiver on solar import tariffs, led by trade body the Solar Ene...Read more -
Solar projects dominate US utility-scale clean energy investments – ACP
As many as 26 solar projects were announced in only eight months. Image: Longroad Energy. The US has ramped up its domestic utility-scale clean energy investments as there were 26 solar projects announced in the past eight months, according to a study conducted by American Clean Power (ACP). F...Read more -
Australia’s large-scale solar deployments fall 50% in 2022 – but year ends strongly
Solar deployment in 2022 was down from the previous year, however, increased investment towards Q4 2022 shows optimism for large-scale growth. Image: CEFC With 860MW of large-scale solar added in 2022, Australia added nearly half of the capacity it did the prior year, when it installed ...Read more -
Betwixt and between: the diverse range of module technologies delivered to the US in 2023
In the long-term, the US market depends on how and when the IRA takes shape. Image: Clearway Energy Group. The US market is expected to see a strong uptick in overall module supply, both domestic and overseas, in 2023. Alongside this will be a range of different module technologies, making the ...Read more -
GEAPP provides US$35m to accelerate clean energy transition and access in five Asian countries
GEAPP will provide US$35 million towards the fund, which will be established and administered by ADB. Image: GEAPP The Global Energy Alliance for People and Planet (GEAPP) has announced a plan to establish the GEAPP Energy Access and Transition Trust Fund, offering US$35 million to accelerate t...Read more -
Dominion Energy receives 800MW solar and energy storage approvals in Virginia
Out of the 800MW of Dominion Energy Virginia’s solar and energy storage approved, 500MW will be owned and operated by the utility. Image: Dominion Energy. US utility Dominion Energy Virginia has received approval from the Virginia State Corporation Commission (SCC) for two dozen new solar and e...Read more -
Saudi researchers set new 33.2% efficiency record for perovskite tandem PV cell
KAUST research scientist Dr. Erkan Aydin displays the perovskite/silicon tandem solar cell that he and a team of researchers developed. Image: KAUST A new record efficiency for lab-tested perovskite/silicon tandem cells has been certified by the European Solar Test Installation (ESTI) and Natio...Read more
