US added nearly 50 GW of new solar generating capacity in 2024
A new report by the Business Council for Sustainable Energy and BloombergNEF unpacks the market and policy trends facing the U.S. solar industry.
Chinese PV Industry Brief: China General Nuclear concludes 10 GW mounting system tender
The selected bidders are Trina Solar, Antai Ke Clean Energy, Xin Yuan Electric, Guoqiang Xing Sheng Energy Technology, and TBEA, with the winning bid prices ranging from CNY 0.209 ($0.29)/W to CNY 0.221/W.
France launches 400 MW C&I solar tender
The French authorities intend to allocate 400 MW of PV capacity through the procurement exercise, which is open to PV installations exceeding 500 kW in size.
Record 13.6 GWh of battery energy storage capacity added in January
Rho Motion noted big projects in Saudi Arabia and Hubei, China, and reported the only non-lithium-ion sites were three Chinese vanadium flow batteries.
Polysilicon market holds steady, awaiting policy-driven shift
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.
ACWA Power building hydrogen bridge between Europe and Middle East, North Africa
In an exclusive interview with pv magazine, ACWA Power CEO Marco Arcelli said the Saudi energy giant is currently exploring opportunities to build a hydrogen corridor between Europe and the Middle East and North Africa. He spoke about the company’s current 2 GW hydrogen project in Neom and presented the company’s plans for renewable energy and desalination.
Most European markets see electricity prices rise
The weekly average electricity price was above €140 ($146.35)/MWh last week across most major European markets, due to a fall in solar and wind production and increased electricity demand, according to AleaSoft’s latest analysis.
Italy installed 6.8 GW of solar in 2024
The country’s cumulative installed PV capacity reached 37.08 GW at the end of December.
Israel awards 1.5 GW energy storage in tender, pricing from $49.41 to $74.20 per kWh
Israel’s storage tender sets prices between $0.0056 and $0.0085 per kW, with kWh figures therefore at $49.41 to $74.20 per kWh.
Record start to 2025 for UK heat pumps, batteries, MCS reports
Almost 5,000 heat pump installations in January 2025 mark the strongest start to a year on record. It follows a record-breaking 2024 for UK heat pump installations. Batteries and residential solar installations are also up on January 2024 levels.
