IRENA says $554 billion invested in solar technologies in 2024
The International Renewable Energy Agency (IRENA) says solar is the only renewable energy technology where current investment levels are approaching the annual average needed through to 2030 to align with its 1.5 C pathway.
Hydro approves largest pumped hydro project in more than 20 years in Norway
Norsk Hydro will invest about $110 million after tax to build the Illvatn pumped hydro plant in western Norway.
Taiwan tightens rules for ground-mounted, floating solar
Revisions to Taiwan’s Environmental Impact Assessment Act, Tourism Development Act and Geology Act introduce requirements for environmental impact assessments prior to development of solar projects, and rules out solar installations larger than one hectare in scenic spots and geographically-sensitive areas.
Germany’s January-October solar additions reach 13 GW
The Federal Network Agency (Bundesnetzagentur) says Germany’s installation pace reflects shifting demand patterns between ground-mounted and rooftop PV systems.
First Solar commits $330 million to new US factory
First Solar has selected Gaffney, South Carolina, as the site for its fifth US module factory. It will invest approximately $330 million in the project.
US Republicans press Trump to block Chinese inverter imports
A group of House Republicans says a broader import ban on Chinese-made inverters is needed to protect critical US grid assets amid mounting security concerns.
Germany eases rules to accelerate battery heat and hydrogen storage
Germany is preparing to ease planning rules for battery, heat, and hydrogen storage systems built outside urban zones.
Waaree Energies starts solar module production in India
Waaree Energies has commenced operations at its 1.5 GW solar module manufacturing facility in the Indian state of Gujarat. This follows the commissioning of its 2.1 GW facility in Chikli.
A late but decisive move to ESS: LONGi takes majority control of PotisEdge
China’s largest solar manufacturer seeks to escape shrinking margins by securing 62% voting control of a fast-rising storage integrator.
Jakson Group starts 6 GW ingot-to-module manufacturing project in India
Jakson Group says construction has begun on the first phase of a 6 GW ingot-to-module complex in the Indian state of Madhya Pradesh.
