Denmark launches digital approval system for heat pump subsidies
Denmark has launched a digital approval system to automate most applications for its heat pump subsidy program. The system streamlines the grant process, which offers up to DKK 27,000 ($3,930) for qualifying heat pumps.
SMA posts €93 million loss for 2024
The German PV company saw revenue plunge nearly 20% last year. SMA expects revenue and profit to stabilize in 2025 due in part to restructuring measures, which are already having an impact.
Key takeaways from Smart Energy Week 2025 in Tokyo
Smart Energy Week 2025 in Tokyo highlighted Japan’s shifting energy priorities, with officials promoting perovskite solar at PV Expo and companies showcasing solid-state battery tech at Battery Japan.
First Solar ships 14.1 GW of thin-film solar modules in 2024
First Solar delivered 14.1 GW of thin-film solar modules in 2024, driving $4.2 billion in revenue. The US cadmium telluride panel maker now faces global policy uncertainty.
LevelTen launches new platform to buy, sell renewable assets
LevelTen says its new Asset Marketplace Listings platform will streamline the buying and selling of renewable energy assets. The platform covers projects of all sizes across Europe, including storage.
Solar buyer ‘lucky streak’ must not influence UK PPAs, warns LCP Delta
Spring 2025 power purchase agreement (PPA) negotiations should take greater account of risk, according to a new report from LCP Delta’s Power Insights service. The research firm has warned that setting strike prices too high could leave offtakers out of pocket, risking future agreements that are key to supporting solar deployment.
Slovenia allocates €20 million for renewable electricity, heat
Slovenian electricity market operator Borzen has shared details of a forthcoming €20 million ($20.9 million) fund that will support the installation of heat pumps and solar thermal collectors, alongside other renewable energy devices. Applications for the subsidy will open Mar. 18, 2025.
Adani moves to allay fundraising fears
Following the indictment of its chairman, Gautam Adani, in the United States over bribery allegations, questions are being asked about Adani Group’s ability to raise capital. With the charges related to solar, India’s PV industry has wider concerns. Adani Group refutes the allegations and says it is as robust as ever.
India hits 100 GW solar milestone
India has hit 100.33 GW of cumulative installed solar capacity, crossing a critical threshold as it moves toward its 2030 goal of 500 GW of non-fossil energy.
Venture capital sees opportunities in digitalization, software-driven PV models
Vireo Ventues Managing Partner Felix Krause speaks with pv magazine about solar-related investments in the startup landscape.
