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Global solar additions to hit 310 GW in 2024, says IEA

The International Energy Agency (IEA) said in a new report that solar will remain the main source of global renewable capacity expansion in 2023, accounting for 286 GW. In 2024, the figure is set to grow to almost 310 GW, driven by lower module prices, greater uptake of distributed PV systems, and a policy push for large-scale deployment.

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PV Cycle recommends excluding PV panels from WEEE directive

PV Cycle has published a position paper stating that PV panels do not fit with the European Union’s Waste Electrical and Electronic Equipment (WEEE) directive. It is calling for the implementation of Extended Producer Responsibility (EPR) legislation for all renewable energy products and equipment in the European Union.

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Headwinds of the Polish PPA market

Power purchase agreements (PPAs) are growing in popularity in Poland due to high energy prices and the declining appeal of renewable energy auctions. Nevertheless, regulatory changes have created uncertainty and reduced attractiveness.

Key takeaways from Solar + Storage España

RE+ held the Solar + Storage España event in Barcelona on May 10 and 11, in collaboration with pv magazine. Our team of editors curated and hosted the two-day “Sun of Spain to Lead Europe” conference.

EU releases strategy for heat pump rollout

The European Commission has opened a call for evidence on its plan to accelerate heat pump roll-out across the European Union. It is asking citizens and businesses for feedback on four strands of action, focusing on financing, legislation, skills, research and innovation. The call for feedback is open until May 26.

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Getting real on forced labor

While few can doubt the emission-reduction might of solar; forced- and child labor in clean power supply chains is becoming a hot issue, which is why the EU is mulling a ban on goods proven to have traces of such labor practices. Diana Zadorozhna, a partner at renewables consultancy Everoze, looks at what companies can do to prepare for forced-labor legislation.

Spain, Portugal to cap wholesale gas prices until end of year

The European Commission has informally approved Portugal and Spain’s request to extend the so-called “Iberian exemption” mechanism. The measure, which limits the price of natural gas for electricity production, was originally scheduled to end in May, but it will now run until the end of the year.

European Union set to raise renewables target to 42.5%

The European Parliament and the Council have reached a provisional agreement to raise the EU’s binding renewable energy target for 2030 to a minimum of 42.5% of the overall energy mix. The bodies also agreed on a further 2.5% indicative target, which would set Europe on a path to at least 45% renewables within this decade.

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European Commission proposes electricity market reform

The European Commission’s long-awaited reform of the European Union’s electricity market proposes to keep the merit order mechanism, but going forward the European energy market will be more strongly characterized by long-term PPAs and bilateral contracts for differences.

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Ocean Sun and Inseanergy settle floating solar patent dispute

Floating solar specialists Ocean Sun and Inseanergy have been involved in a patent dispute over Ocean Sun’s floating solar structure since August 2022. The companies have now announced a settlement, with a “positive result” for both parties.

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