Pexapark records 24 European PPAs for over 1.5 GW in March
Pexapark registered a notable increase in power purchase agreements (PPA) in March, with solar deals accounting for almost 1.4 GW of the total disclosed capacity.
Germany’s PV installations down sharply in March
Germany installed just 787.2 MW of new PV capacity in March – the lowest monthly total since December 2022.
Turkey’s solar capacity surpasses 21 GW
Turkey’s rapid rise in solar deployment has been largely attributed to the installation of unlicensed solar power plants for self consumption in the commercial and industrial sector.
Irish and UK grids linked via 500 MW subsea HVDC cable
The Greenlink Interconnector comprises two high-voltage direct current (HVDC) cables reaching across the Irish Sea connecting the grids of Ireland and the United Kingdom at the Great Island substation in County Wexford and Pembroke substation in Pembrokeshire, Wales.
Somalia launches solar-plus-storage tender
Somalia’s Ministry of Energy and Minerals is searching for a developer to design, supply, install, test and commission a solar-plus-storage project in the northwest of the country. The deadline for applications is June 14.
European electricity prices stabilize as gas, CO2 prices drop
AleaSoft Energy Forecasting’s latest analysis finds electricity prices across the major European markets during the second week of April were largely in line with the week prior, despite gas and CO2 futures reaching their lowest settlement since September and April last year. Meanwhile, France and Italy broke their daily records for solar production.
Dutch utilities to test lower tariffs during solar production peaks
Dutch utilities Eneco and Delta Energie will test lower electricity tariffs for consumers – regardless of PV system ownership – who shift consumption to periods of peak solar generation. The pilot aims to encourage flexible demand during midday hours.
US distributed solar grew 5.4 GW in 2024
A study by the Institute for Local Self-Reliance (ILSR) found that five US states increased their distributed solar capacity by more than 30% in 2024, with one state growing by 50% and another doubling its capacity.
Fortescue begins working on 190 MW of solar in Australia
Construction has begun on a 190 MW solar farm at Fortescue’s Cloudbreak mine site in the Pilbara region of Western Australia as the iron ore and green energy giant forges ahead with its decarbonization plans.
South Korea’s 2024 solar additions surpassed 3.1 GW
With last year’s figures yet to include self-consumption installations, the preliminary statistics show an upward trend in installations categorized under power generation for sale. As of March this year, the country’s cumulative solar capacity was estimated at 28.15 GW.
