Netherlands deploys 1.76 GW of solar in H1
The Netherlands added 1.76 GW of solar capacity in the first half of 2024, with 148,166 new PV projects. By the end of June, the country’s total installed PV capacity had reached 26.06 GW.
Wood Mackenzie forecasts 77 GW of floating solar by 2033
Wood Mackenzie predicts that the global floating solar market will be dominated by the Asia-Pacific (APAC) region and led by India, China and Indonesia through to 2033. The consultancy says growth will be driven by rising demand, decreased capital expenditure and supportive policies.
Romania opens €150 million pot for co-located battery storage
The Romanian Ministry of Energy has launched a grant program for battery energy storage systems developed in conjunction with existing renewable energy facilities – wind, solar, or hydro.
India on track to hit 132 GW of solar by 2026, says ICRA
ICRA, an Indian credit rating agency, says India could add 22 GW of solar capacity in fiscal 2025 and 27.5 GW in fiscal 2026, pushing the nation’s total installed PV capacity to 131.5 GW by March 2026, up from 82 GW as of March 31, 2024.
Looming Trump tariffs drive rush on imports, push shipping costs higher
Freight costs are rising as businesses rush to import goods ahead of higher tariffs promised by US President-elect Donald Trump on Chinese and European products.
DAS Solar to build 3 GW solar module factory in France
Chinese manufacturer DAS Solar says it will open a €109 million ($115.3 million) panel production plant in Mandeure, France, by 2025.
Open-source tool to eliminate redundant engineering costs in rooftop PV deployment
Researchers in Canada have developed an open-access online tool that reportedly helps homeowners achieve considerable savings in deploying rooftop PV systems. The tool is claimed to offer accurate structural engineering calculations while ensuring compliance with building codes.
China cuts export tax rebate for solar products
China has reduced the export tax rebate for solar products, lowering refunded taxes for Chinese PV exporters and eating into their profit margins. The move might force some companies to increase export prices to mitigate potential financial losses.
Thornova Solar starts solar module production in Indonesia
Thornova Solar has started producing solar modules in Indonesia. The company says the move is in line with changing US market regulations. It plans to supply customers with modules from Indonesia or the United States by mid-2025.
Lithuania bans remote Chinese access to solar, wind, storage devices
Lithuania has decided to tighten its cybersecurity laws, banning manufacturers from countries deemed national security threats, including China, from remotely accessing management systems of solar, wind, and storage facilities. The European Solar Manufacturing Council has backed the move.
