US, Europe on track for 2030 solar goals despite pipeline gaps
A report from McKinsey and Company says the relative ease of building out solar projects means the U.S and Europe are likely to meet their end-of-decade deployment targets, despite current pipeline gaps of around 205 GW and 181 GW.
Austria’s Andritz to supply South Korean 500 MW pumped storage power plant
Austrian engineering group Andritz has signed a deal to supply the pump turbine units for a 500 MW pumped storage plant in South Korea, the country’s first new pumped storage project in over a decade.
Photovoltaics and jobs: The solar PV sector is the largest employer in the renewable energy industry
The twelfth edition of the International Renewable Energy Agency’s Renewable Energy and Jobs report, in collaboration with the International Labour Organization (ILO), provides the latest data and estimates of renewable energy employment globally. It finds global renewable energy jobs reached 16.6 million in 2024, but growth slowed. The solar photovoltaic sector is by far the largest employer in the renewable energy industry, accounting for over 7.2 million jobs worldwide. The report calls for stronger public action to build domestic supply chains and ensure a more inclusive workforce.
Spanish electricity grid reaches 85.7% saturation after 2.8 GW loss
Spain’s electricity grid has lost nearly 2.8 GW of available capacity in two months, lifting substation saturation to 85.7% and leaving more than 5,200 facilities without spare capacity, according to new analysis.
Grenada seeks installers for Solar for All program
The government of Grenada is looking for firms to supply and install solar systems for residential and agro-processing customers under its flagship Solar for All program. The deadline for expressions of interest is January 30.
Africa’s installed PV capacity estimated above 63 GW
The Africa Solar Industry Association (AFSIA) has now identified 23.4 GW of operational solar projects across the continent but when taking into account Chinese PV export data, estimates total installed capacity in Africa could reach over 63 GW.
Fujiyama Power commissions 1 GW solar cell plant in India
Fujiyama Power Systems has started production at its 1 GW solar cell manufacturing facility in Dadri, India, with all output intended for in-house use to strengthen supply-chain security and support domestic content programs.
Grid-scale battery economics diverge in Texas and California
Grid-scale battery developers in the United States face different revenue risks in the Electric Reliability Council of Texas (ERCOT) and the California Independent System Operator (CAISO) markets, with ancillary market saturation compressing revenues in Texas.
Australia set for massive utility-scale solar and wind investment in 2026
BloombergNEF says Australia will attract AUD 5.1 billion ($3.5 billion) in utility-scale solar and wind investment in 2026, with wind expected to account for about 95% of the total.
Solar met 61% of US electricity demand growth in 2025
A record-breaking year for solar generation and a leap in battery capacity have shifted the US energy landscape, turning solar into a primary workhorse for meeting the nation’s surging power needs.
