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At least 29 countries installed more than 1 GW of PV in 2023

IEA PVPS has published its new “Snapshot of Global PV Markets 2024” report, highlighting key insights and trends. Despite record installations, concerns over profitability and manufacturing dynamics...

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The fastest energy change in history still underway

In 2023, solar photovoltaics and wind comprised about 80% of global net generation capacity additions. Four times as much new solar and wind electricity generation capacity was installed in 2023 as...

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DualSun launches foldable plug-and-play solar kits

France's DualSun has developed foldable plug-and-play solar kits with a power range of 420 W to 1.68 kW.From pv magazine France France-based hybrid solar module manufacturer DualSun has launched a new...

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South Korea offers support for agrivoltaics

The South Korean government has announced a new package of measures to support agrivoltaic projects. It says that the agrivoltaics business should be a priority for agricultural companies.South Korea‘s...

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Electricity prices rising in most European markets

AleaSoft Energy Forecasting recorded electricity price increases in most major European markets during the third week of April. It says prices could continue to increase in the fourth week of April,...

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Globeleq acquires stake in 25 MW Egyptian solar plant

London-based Globeleq has acquired a 48.3% stake in the 25 MW Winnergy solar plant in Egypt’s Benban Solar complex. It will now cooperate on the management of assets and the operation of the facility...

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SunPower to close business units, cut about 26% of workforce

The US-based company announced plans to wind down its residential solar installation locations and close its direct sales unit.From pv magazine USA Residential solar, energy storage, and EV charging...

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Solarge plans 500 MW BIPV module factory

Dutch module manufacturer Solarge has raised €3 million venture capital from new and existing investors to expand its recently opened facility where it produces lightweight, low carbon, panels for...

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Huasun presents ‘zero busbar’ heterojunction solar modules with 23.8% efficiency

The Chinese manufacturer launched two new module series for utility scale applications. The new products feature a temperature coefficient of -0.24% per C and a bifaciality factor of over 85%.Chinese...

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Norwegian startup unveils CO2 water-to-water heat pump

Tequs said its new plug-and-play heat pump can deliver up to 90 C of heat for space heating, air conditioning, and domestic hot water. The new product is available in eight versions with capacity...

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TotalEnergies builds 12 MW solar carport at New York’s JFK Airport

French energy giant TotalEnergies has started building an onsite solar-plus-storage system at John F. Kennedy International Airport in New York City. It will provide energy to the Port Authority of New...

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Chemitek offers new cleaning products for floating PV

Chemitek has developed new cleaning products for floating PV arrays. The Portuguese company says it has tested and confirmed them to be safe for animals and vegetation around such systems.Chemitek...

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Solar key to easing Burundi’s severe energy crisis

Burundi, the poorest country on earth, is unable to buy fossil fuels on theinternational market due to a lack of hard currency. pv magazine spoke with the United Nations Development Programme (UNDP)...

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Ireland introduces home energy loan scheme

The Irish authorities have presented a new plan to allow homeowners to borrow between €5,000 ($5,350) and €75,000 for up to 10 years, with low interest rates. Heat pumps, solar electricity and solar...

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US to upgrade power transmission infrastructure

As the US Inflation Reduction Act (IRA) ramps up clean energy efforts across the United States, the government has outlined a plan to expand transmission lines to accommodate more power.From pv...

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Vena Energy energizes 125 MW of solar in Australia

Singapore-based renewables developer Vena Energy has launched commercial operations of a 125 MW solar project in the Australian state of Queensland. It is backed by a long-term offtake agreement with...

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Solar-assisted thermochemical heat pump based on caustic soda, water

Researchers in China have designed a two-stage, solar-assisted thermochemical heat pump system that uses caustic soda and water as a working pair. The system is reportedly able to achieve an energy...

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India’s new solar installations hit 6.2 GW in March

India set a new record for monthly renewable energy installations by deploying 7.1 GW of capacity in March 2024. The monthly renewables additions included more than 6.2 GW of solar.From pv magazine...

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Pexapark records 9.8% jump in European PPA prices for March

Swiss consulting firm Pexapark noted a rise in European power purchase agreement (PPA) prices in March, for the first monthly increase since August 2023. It recorded 18 PPAs in March, totaling 718 MW,...

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Jet stream, prolonged monsoon shape March solar patterns across Asia

In a new weekly update for pv magazine, Solcast, a DNV company, reports that warm sea surface temperatures and disturbances increased onshore moisture along China's southern coast, which in turn...

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