Markets

In a new weekly update for pv magazine, Solcast, a DNV company, reports that Central Europe, led by Germany, experienced strong solar generation in December due to clear skies from a blocking weather pattern, while Iberia, Scandinavia, and Eastern Europe saw reduced irradiance from storms and cloud cover. Late-month Arctic cold and snowfall further suppressed PV output in Eastern Europe through snow soiling, exacerbating already weak solar conditions.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

Oxford PV CEO David Ward spoke with pv magazine about the prospects of its company and the perovksite-silicon tandem PV technology at the WFES event in Abu Dhabi. He said Oxford PV is expanding manufacturing beyond Germany while focusing on global licensing partnerships.

Joint owners of the 2 GW Al Dhafra solar power plant Abu Dhabi National Energy Company, Abu Dhabi Future Energy Company, EDF Power Solutions and Jinko Power, alongside offtaker Emirates Water and Electricity Company, have issued the green bonds to refinance the plant’s existing debt obligations and support its continued operation.

Abu Dhabi-based developer Masdar and Montenegro’s state-owned power company EPCG have entered into a framework agreement that could see a joint venture company belonging to the two parties develop, build, own and operate large-scale solar projects in the country.

Scientists have analyzed the competition between photovoltaics and agriculture for land use in Spain by studying 134 different crops in 15 regions. Using a real options framework, they found that falling solar PV costs and high irradiance in southern Spain could make solar more profitable than farming by the mid-2040s, highlighting growing land-use competition.

The Brazilian Association of Energy Storage Solutions (ABSAE) predicts that installations in Brazil’s commercial and industrial (C&I) segment should exceed 2 GWh in 2026. In addition, the group expects procurements of approximately 8 GWh in the auction scheduled for April, which will procure projects for delivery from 2028.

Rajasthan Solar Park Development Co. Ltd. (RSDCL) has issued a tender inviting bids to develop 2,450 MW of state transmission utility (STU)-connected solar PV capacity paired with 1,600 MW/6,400 MWh of battery energy storage systems at the Pugal Solar Park in Rajasthan’s Bikaner district. The projects will be implemented on a build-own-operate (BOO) basis.

The patent infringement case was related to an unspecified TOPCon solar cell technology.

A 157 MW solar project, set to be the largest in the Canadian province of Saskatchewan, will be built following the signing of a power purchase agreement between French developer Neoen and the provincial utility. The project will be co-owned by four Treaty 4 Nations.