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Singapore on track to hit 2030 solar targets

Research from the National University of Singapore indicates that Singapore could reach its 2 GW solar installation target by 2028, ahead of its 2030 deadline. The study suggests that the government could increase its long-term solar goals by adopting policies that promote better area utilization, subsidies, and advancements in panel efficiency.

SolarEdge posts $1.21 billion net loss in Q3

SolarEdge reported $260.9 million in revenue for the third quarter of 2024, down from $725.3 million in the same quarter last year. The Israeli manufacturer also posted an operating loss of more than $1 billion, with 850 MW of inverters and 189 MWh of batteries shipped for PV applications.

Tender opens for 17 solar systems in Mozambique

The United Nations Development Programme (UNDP) Mozambique is accepting bids to install 17 solar systems at selected health facilities across the country. The deadline for applications is Dec. 13.

Masdar, Sarawak Energy, Gentari plan large-scale floating solar in Malaysia

Abu Dhabi Future Energy Co. (Masdar) is teaming up with Malaysia’s Sarawak Energy and Gentari to assess the potential for a large-scale floating solar array on the northwestern coast of Borneo.

Turkey launches tender for 800 MW of solar

Turkey’s Ministry of Energy and Natural Resources has launched a tender for 800 MW of solar across six proposed projects. The deadline for applications is Jan. 27, 2025.

Ontario high court rules in favor of solar FIT optimization

The Ontario Court of Appeal has rejected a claim from the province’s Independent Electricity System Operator (IESO), which accused solar suppliers with feed-in-tariff (FIT) contracts of breaching their agreements by repowering their systems.

Lower solar production drives up European electricity prices

AleaSoft Energy Forecasting found weekly average electricity prices in excess of €80 ($85.77)/MWh in most major European markets last week. Despite a drop in solar production across the week, France, Germany, Italy, Spain and Portugal all set new records for solar generation during a single day in November.

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Hexa Renewables commissions world’s largest offshore floating solar plant

Hexa Renewables has completed the world’s largest offshore floating PV plant in Taiwan. The 440 MW solar array covers 347 hectares of government-leased surface area and can supply power to about 74,000 households.

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SolarPower Europe publishes guide for agrivoltaics

SolarPower Europe has released a handbook on agrivoltaics, detailing agrisolar archetypes, business cases, agricultural and environmental factors, and real-life project examples. It also urges European policymakers to boost support for agrisolar development.

Eskom secures licenses for 125 MW of solar

The National Energy Regulator of South Africa has granted licenses for two solar projects to be operated by Eskom. Tenders for the construction of both projects, which have a combined capacity of 125.3 MW, took place earlier this year.

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