The Turkish Ministry of Energy and Natural Resources’ 2025 budget proposal sets a target of 22.6 GW of installed solar by the end of next year, up from around 18.8 GW this year. The ministry also plans to increase the share of domestic resources in electricity production, while reducing the share of natural gases.

The Philippines’ Department of Energy says that at least 105 renewable energy projects, including 53 solar projects, face termination for failing to comply with timelines.

Tajikistan’s Ministry of Energy and Water Resources is conducting a tender for the design, construction, financing, operation, and maintenance of a 200 MW solar plant in western Tajikistan. The application deadline is Nov. 12, 2024.

The Institute for Essential Services Reform says Indonesia’s solar industry has faced a downturn over the past two years, but policy reforms should accelerate solar deployment in the coming years. The think tank’s latest report states that 16.92 GW of projects are currently in the pipeline across the country.

The German government has awarded a €310 million ($336 million) funding package to chemical manufacturer BASF for the construction of an industrial heat pump with a capacity of up to 500,000 metric tons of steam per year. It will use waste heat from steam crackers for CO2-free stream production. 

The Nepal Electricity Authority (NEA) has received proposals from 134 companies for a total of 3.6 GW. It says that 259 projects from 127 developers passed the technical bid evaluation and will be considered when financial proposals are opened on Oct. 22.

Total corporate funding in the solar industry reached $22.3 billion in the first nine months of 2024, down 23% year on year. Mercom Capital Group says global uncertainties are affecting investor confidence, but an increase in debt financing and resilience in newly announced large-scale project funding are bright spots for the sector.

Researchers from Canada’s Western University assessed eighteen case studies across thirteen US states and found in areas an economic case for disconnecting from the electricity grid in some areas with high solar irradiation and high electricity rates. They say economic grid defection and utility death spirals are becoming salient issues in the US.

Hungary’s Ministry of Energy says it will support more than 25,000 households with residential solar installations through its subsidy scheme, which launched earlier this year, taking the total number of installations to in excess of 300,000.

An implementation agreement is in place between Serbia’s Ministry of Mining and Energy, utility company Elektroprivreda Srbije (EPS) and a consortium of Hyundai Engineering and UGT Renewables for six new solar plants totalling 1 GW. Up to 200 MW of battery storage will be developed across the sites.