In a new weekly update for pv magazine, Solcast, a DNV company, reports that cloud-bearing weather systems dominated the British Isles, significantly reducing irradiance across the UK and Ireland between 9 and 18 February 2025, when solar generation reached in the region its lowest levels relative to capacity in at least a decade.
Consultation ahead of seventh Contracts for Difference (CfD) allocation round proposes longer contract lengths in a bid to reduce strike prices and lower cost of finance for renewables projects. A wider target commissioning window for solar projects is also proposed, in response to larger capacity plants in the pipeline.
A new report by the Business Council for Sustainable Energy and BloombergNEF unpacks the market and policy trends facing the U.S. solar industry.
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.
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.
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.
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.
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.
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.
The country’s cumulative installed PV capacity reached 37.08 GW at the end of December.
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