New tool tips solar to supply 50% of global energy demand by 2035
Solar energy will satisfy more than 50% of global energy demand within a decade, according to a new modeling tool that also predicts solar costs will continue falling by 10% a year.
Indian battery manufacturer opens 1.5 GWh lithium-ion plant for EVs, storage
Neuron Energy has opened a 1.5 GWh lithium-ion battery plant in Chakan, India, to produce batteries for electric vehicles, energy storage, and telecom solutions.
PV capacity reaches 52 GW in Brazil
According to the Brazilian Association of Photovoltaic Solar Energy (ABSolar), the PV sector has generated more than 1.5 million green jobs in the country since 2012. The recent increase in import taxes, however, is hampering that growth, the association warns.
China’s REPT Battero to build battery factory in Indonesia
China’s REPT Battero has revealed plans to build a lithium-ion battery plant in Indonesia, targeting 8 GWh of annual production capacity in the first phase.
Bord Gáis Energy acquires Swyft Energy
Bord Gáis Energy has acquired Irish solar installer Swyft Energy to expand its reach in Ireland’s residential, commercial, and agricultural PV markets.
Energy communities reach combined capacity of 74 MW in France
Collective self-consumption in France has more than doubled since 2023, reaching nearly 700 operations with approximately 8,500 participants throughout the country.
South Korea’s new solar installations hit 2.5 GW in 2024
South Korea installed 2.5 GW of new solar capacity in 2024, bringing its cumulative PV capacity to more than 29.5 GW, according to the Korean Energy Agency.
Negative electricity prices and grid bottlenecks in Europe threaten renewable energy targets
Analysts at Aurora Energy Research expect installed wind and PV capacity in Europe to more than triple by 2050, but expansion might not be enough to meet European climate targets.
Australia’s rooftop solar market ends 2024 on high
Australia’s rooftop solar market finished 2024 on a high, with about 309 MW of monthly installations delivering one of the best December totals in recent years and putting the national trend back on the up.
Swiss startup offers demand side management software to manage energy flows
Swiss-based Hive Power has launched Flexo to optimize grid-connected devices, enabling flexibility in markets with dynamic tariffs. The Flexo solution has interfaces to integrate inverters, home energy management systems, charging point managements systems, meters, and other internet of things (IoT) devices.
