Solar stocks plummet, market is ‘wildly emotional’ about Trump
Solar stocks have fallen since Donald Trump’s election, but Sunnova CEO John Berger says the market is misjudging the strength of the industry under the new administration.
Cape Verde runs tender for 10 MW of solar
Cape Verde’s Ministry of Industry, Commerce and Energy of Cape Verde is seeking expressions of interest from engineering, procurement and construction (EPC) companies to develop 10 MW of solar on the country’s largest island. The deadline for applications is Nov. 28.
Australia hits 4 million rooftop PV installations, reaching 25 GW of capacity
Australia has recorded its 4 millionth rooftop solar installation, maintaining its status as a world leader with 25 GW of total capacity, surpassing the amount of nationwide coal generation.
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.
