Strong policy support essential for heat pump growth
Frost & Sullivan says the future of the global heat pump market hinges on clear policies and supportive regulations, following a growth slowdown in recent years.
Greece installs 400 MW of net-metered solar in 2024
Greece installed 400 MW of net-metered PV systems in 2024, bringing its cumulative distributed solar capacity to 850 MW. However, the country shifted from net metering to net billing in September.
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.
