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Global grid-connected solar capacity reached 580.1 GW at the end of 2019, along with 3.4 GW of offgrid PV, according to the International Renewable Energy Agency. Total installed renewables capacity hit a remarkable 2,563.8 GW, with hydropower remaining the dominant source at 1,310.9 GW, followed by wind at 622.7 GW.

National utility Transpower said that solar could take a 9.3% share of the country’s generation mix by the middle of the century. However, real growth is only forecast to occur from 2035, with distributed generation expected to account for more than 80% of total installed PV.

The clarification came after states across the country reacted to the power ministry’s recent call for a moratorium on conventional power payments by stopping payments and curtailing renewable power.

Turkey’s stuttering economy, shifting PV policy landscape, and the fruitless YEKA tenders have undermined the country’s solar progress, even though it was considered Europe’s most promising market as recently as two years ago. But its rooftops could still bloom if new regulations that will be issued in May manage to make solar attractive to both businesses and households alike.

Greece held its last round of renewable energy tenders in Athens on Thursday, resulting in the lowest tariff ever awarded to a renewable energy project in the country.

Research by Green Energy Markets shows that the Australian rooftop PV market remained healthy throughout the first three months of 2020. According to STC data, more than 30,000 rooftop installations were registered in the month, for a total of close to 250 MW of capacity. And then came Covid-19.

The shortlisted developers are EDF, Total, ACWA Power, Masdar, First Solar, Marubeni, and Al Blagha Holding.

In a recent chat with pv magazine, Jason Tundermann – vice president of business development at U.S. trading advisory service LevelTen Energy – predicted a better-than-expected scenario for corporate clean-energy PPAs on the Old Continent. He said the net value of long-term PPA offers has not dropped dramatically, offering hope to corporate buyers.

Yinson will pay Rs 554 million ($7.3 million) for a stake in New Delhi-based Rising Sun Energy, which operates two PV plants in the massive Bhadla Solar Park in the Indian state of Rajasthan.

The Swiss equipment supplier already needed to shore up its bottom line and is now taking measures to help combat the spread of an epidemic which has also claimed November’s planned climate summit in Glasgow and an estimated 19% of this year’s demand for energy storage.