Australian study shows pumped hydro and batteries can meet energy storage needs
A new Australian National University study says long-duration pumped hydro on non-river sites, combined with batteries, can meet global energy storage needs.
Global clean energy investment hit $2.1 trillion in 2024, says BNEF
BloombergNEF says in a new report that global clean energy investment reached $2.1 trillion in 2024, more than doubling 2020 levels. The United States led energy transition debt issuance, driving up investment 5% year on year to $206 billion.
How much can I expect to save by installing solar?
The average cost of an 11 kW rooftop solar installation after federal tax credits is $20,552 in the United States, said marketplace operator EnergySage. What will your utility-provided electricity cost over the next 25 years?
Idemitsu Kosan invests in agrivoltaics
Idemitsu Kosan says it plans to start building a 2 MW agrivoltaics facility in Japan later this year, following the successful conclusion of a 45 kW pilot project. The company has developed a proprietary agrivoltaics system based on tracker technology.
Corporate PPAs soar in Europe in 2024, despite decline in total deal volume
Pexapark, a Swiss renewables intelligence provider, says corporate power purchase agreements (PPAs) surged in Europe’s renewable energy market in 2024, despite a decline in overall contracted volumes.
India hits 850,000 rooftop PV installations under PM-Surya Ghar scheme
PM Surya Ghar: Muft Bijli Yojana, the world’s largest domestic rooftop PV initiative, aims to power 10 million households in India with solar power by March 2027.
Slovenia allocates €16 million for solar energy communities
Slovenia has set aside €16 million ($16.7 million) to support solar energy communities, requiring projects to include at least 100 kW of PV capacity, with or without storage. The program will run until 2027.
Turkey’s cumulative solar capacity doubles in 2.5 years to 19.6 GW
Ember, a London-based energy think tank, says in a new report that Turkey’s cumulative installed PV capacity has doubled to 19.6 GW in just two and a half years, driven by a surge in self-consumption projects.
Paloma Rheem to expand heat pump business with Fujitsu General deal
Heat pump manufacturer Paloma Rheem says it plans to acquire Fujitsu General. The transaction, which is set to conclude by July 2025, could expand Paloma Rheem’s market reach and drive innovation in integrated air and water solutions.
Public opinion matters to the success of solar planning
New research from the UK finds institutional actors have greatest influence over planning consent, however, public support also has a statistically significant impact. Improved public engagement from developers could bolster solar planning applications in England.
