A group led by Swiss construction group Orllati has won a 100 MW PV tender in Kosovo with a bid of €0.0488 ($0.0524)/kWh. The consortium has secured a lease for up to 30 years, supported by a 15-year power purchase agreement (PPA) with Kostt, the national market operator in Kosovo.
The International Renewable Energy Agency (IRENA) says developers installed 345.5 GW of solar throughout the world in 2023. China mainly drove the surge, accounting for nearly three-quarters of all new renewable energy, but IRENA says more equitable growth will be needed to hit 2030 deployment targets.
Investors and developers in Europe signed 24 power purchase agreements (PPAs) for 1.1 GW of solar in February, making it a “month to remember,” according to Swiss consultancy Pexapark.
Polish grid operator Polskie Sieci Elektroenergetyczne (PSE) has announced its third disconnection of renewable energy capacity this year. This time it has initiated the reduction of 1,201 MW to 1,877 MW of PV in response to oversupply.
Maxeon has filed a lawsuit against Canadian Solar in a US court, claiming patent infringement on an unspecified TOPCon solar cell technology.
The Dutch authorities have approved “capacity limitation” contracts, allowing owners of PV and wind power assets to inject less electricity into the grid during peak times for “reasonable” remuneration, but standard contracts will be crucial for wider adoption.
High interest rates, inflation, and customer uncertainty could slow down residential PV growth in Sweden this year, despite record solar installations in 2023, but interest in utility-scale PV remains strong.
A heat wave drove Brazil’s power demand up to a record high of 102 GW last week. However, it also affected solar power generation and pushed PV module operating temperatures to up to 60 C.
The Turkish government has decided to impose a tariff of $25 per square meter on solar modules imported from Vietnam, Malaysia, Thailand, Croatia, and Jordan.
Spain’s cumulative installed PV capacity surpassed 25.54 GW at the end of December 2023, on 5.59 GW of new solar installations for the full year.
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