Solar modules now selling for less than €0.06/W in Europe
Solar module prices reached a new low this week, says Leen van Bellen, business development manager Europe for Search4Solar, a European purchasing and selling platform for solar products. He tells pv magazine that prices will remain low in the short term.
Ireland’s battery storage fleet to grow to 13.5 GWh by 2030
Cornwall Insight calculates that Ireland’s battery storage capacity will reach 13.5 GWh by 2030, up from 2.7 GWh in 2025.
South Africa’s tax authority opens solar systems tender
South Africa’s revenue department is seeking bidders for the engineering, design and installation of solar panel systems at its offices across the country. The deadline for applications is Dec. 9.
Global installed PV capacity tops 2 TW
The Global Solar Council says global installed photovoltaic capacity has surpassed 2 TW. The organization says an additional 4 TW of solar capacity will likely be deployed by 2030.
Solar underpins record high industrial demand for silver
The Silver Institute and Metals Focus says global silver demand in 2024 will largely grow due to gains from green economy applications, especially the PV sector. It expects the global silver market to show a physical deficit of around 182 million ounces in 2024, marking the fourth consecutive year of shortfall.
Azerbaijan breaks ground on 240 MW solar plant
Work is underway on a 240 MW solar project in southwestern Azerbaijan following the signing of an investment agreement and land lease agreement. It is being developed under an executive agreement between the Azerbaijan Ministry of Energy and energy giant BP.
Financing secured for solar-plus-storage project in Senegal
Madagascar-based Axian Energy has obtained €84 million ($89.2 million) of financing for a solar-plus-storage project, featuring a 60 MW solar plant and a 72 MWh battery energy storage system (BESS) in southern Senegal.
Heat pump rollout could mitigate impacts of higher energy prices
Researchers simulated the United Kingdom’s heat pump rollout through 2050, finding that expansion strategies could help to mitigate high energy prices. They used the UKENVI computable general equilibrium (CGE) model of the UK economy to project a range of scenarios.
US solar project transforms contaminated brownfield site
Thirty years in the making, but the site of a former circuit board recycling facility is now generating 7 MW of solar energy and providing power to 960 subscribers.
Greece launches 200 MW battery storage auction
Interested parties can submit bids by December 23. Awarded projects will be announced in February 2025 and need to be connected to the grid by April 2026.
