Spain sets new 2030 solar target of 76 GW
The Spanish government has set a new 2030 solar target of 76 GW in an energy strategy submitted to the European Commission. It aims to cover over 80% of national electricity demand with renewable energy.
JCM Power wins 240 MW hybrid PV-wind project in Pakistan with $0.031/kWh bid
JCM Power has won a 240 MW hybrid wind-solar project in Pakistan with a bid of $0.031/kWh. The facility will be located in Dhabeji, near Karachi, and will supply power to local utility K-Electric.
Brazil to require solar inverters with arc fault circuit interrupters from December
Brazil’s National Institute of Metrology, Quality and Technology (Inmetro) says it has introduced a requirement for inverters to have arc fault circuit interrupters, effective December 2024, to prevent fires and enhance PV system safety.
Serbia announces 1 GW solar, 400 MWh battery storage sites
Six large-scale solar plants colocated with battery energy storage systems should be delivered by mid 2028.
US government nuclear sites going solar
Hecate Energy is working on a 1 GW solar facility at Hanford, a former US nuclear weapons manufacturing site, while NextEra is negotiating to build solar at a nuclear storage facility in New Mexico.
Rooftop solar surges ahead in Australia with 1.3 GW installed in H1 2024
Australian households and small businesses continue to spearhead the nation’s renewable energy transition with a new report revealing that 1.3 GW of rooftop solar capacity was installed during the first half of 2024.
ICRA says renewables to reach 35% of India’s power mix by 2030
ICRA, an Indian credit rating agency, says renewable energy will account for 35% of India’s energy mix by 2030 as coal drops to 59%.
Synertics launches PPA evaluation tool for buyers, sellers
The Germany-based consulting company has presented a new online tool for tracking, pricing and analyzing renewable energy power purchase agreements (PPAs). It is targeted at both buyers and sellers of renewable energy.
U.S. solar industry on track to install 250 GW in five years
According to the U.S. Solar Market Insight Q3 2024 report, in the two years since passage of the IRA the solar industry has added 75 GW of new capacity to the grid, representing over 36% of all solar capacity built in U.S. history.
Chinese PV Industry Brief: January-August solar installations hit 140 GW
China’s National Energy Administration (NEA) says the nation’s cumulative installed solar capacity reached 750 GW in August, on 139.99 GW of new capacity additions in the first eight months of 2024.
