Montenegro sets ceiling price of €65/MWh for first solar auction
Montenegro has set a ceiling price of €65 ($76.11)/MWh for its first solar auction, which will offer 12-year contracts for difference (CfD) for up to 250 MW of capacity. The auction is scheduled to take place later this year.
Australia launches solar R&D fund to cut PV costs
The Australian government has announced AUD 60 million ($39.1 million) in new funding for R&D projects that promise to accelerate cost reductions for PV and help meet the stretch target for “ultra low-cost” solar production.
India installs 22.5 GW of solar capacity in fiscal 2025
India added 17.4 GW of utility-scale solar and 5.15 GW of rooftop PV capacity in fiscal 2025, according to JMK Research. Rajasthan led new installations with 6.5 GW, followed by Gujarat with 3.6 GW and Maharashtra with 2.3 GW.
Trump tightens eligibility for US solar, wind tax credits
A new executive order by US President Donald Trump shortens the timeline for solar and wind tax credit eligibility and directs the Department of the Treasury to expand Foreign Entity of Concern rules for clean energy imports.
What the One Big Beautiful Bill Act means for US residential solar
The One Big Beautiful Bill Act eliminates residential solar tax credits after 2025 and introduces new timelines and restrictions for clean energy tax credits under Sections 45Y and 48E.
US solar industry reacts to budget bill cutting clean energy support
Solar executives and other clean energy industry members sound off on the passage of the “One Big, Beautiful Bill Act.”
Financial guarantee unlocks 109 MW for renewables in Moldova
Moldova’s government says developers have returned 30 grid connection permits for renewable energy projects since it introduced a financial guarantee scheme aimed at freeing up network capacity for viable investments.
Australia grants major project status to 6 GW power export plan
SunCable has welcomed the Australian federal government’s decision to renew major project status for its Australia-Asia PowerLink, which aims to deliver up to 6 GW of renewable power from the Northern Territory to industries and urban centers in Darwin and Singapore.
Italy launches floating PV tender
The Italian authorities have opened a tender to support the deployment of about 50 MW of floating PV capacity.
Japan’s 24th solar auction concludes with average final price of $0.028/kWh
Japan has allocated 79 MW of PV capacity in its latest procurement exercise. The highest price in the auction was JPY 7.79 ($0.054) /kWh.
