The number of periods when day-ahead power prices fell to zero or below hit a record 4,838 instances in Europe in 2024, driven by surging renewables, weak demand, and limited grid flexibility, says Montel Analytics.
Seventeen US state attorneys general have urged Congress to retain clean energy tax credits, citing the Inflation Reduction Act’s (IRA) “catalytic” effect on economic growth, especially in Republican districts.
Researchers in Saudi Arabia have identified the best and optimum PV system configurations for the Saudi residential market. Their analysis investigated the capacity threshold that leads to a lower cost of electricity compared to grid electricity costs. They used NREL’s HOMER software to analyze the energy requirements of the residential units, the solar energy potential and weather characteristics of the selected location, and the financial parameters influencing a project’s profitability.
Malaysia’s Energy Commission has launched an open tender seeking 2 GW of large-scale solar projects, with capacities ranging from 10 MW to 500 MW, to support the nation’s clean energy transition.
The Romanian Ministry of Energy has announced a new round of funding from the Modernization Fund dedicated to battery energy storage systems.
Uruguay’s National Administration of Electric Power Plants and Transmissions (UTE) has kicked off a tender for a 75 MW solar project in Cerro Largo, with operations set to begin between March and June 2028. The bidding process will close in January 2026.
India’s PM Surya Ghar Muft Bijli Yojana initiative (PM-SGMBY) could create a INR 1.2 trillion ($13.9 billion) opportunity for PV module, inverter, and component manufacturers, benefiting project developers and engineering, procurement, and construction (EPC) contractors, according to SBICAPS.
German scientists have identified 18 typologies of power purchase agreements for the renewable energy market. Their research is intended to support policymakers, scientists and investors in implementing their own PPA analysis and choices.
This week, Women in Solar Europe (WiSEu) gives voice to Brigite Gonçalves, Head of Utility-Scale PV Business Developer at Portugal’s EnergyCon. She says Women in the solar industry face unique challenges, such as underrepresentation in decision-making roles and the persistence of unconscious biases. “To achieve equity, the solar sector must prioritize structural changes, including accessible mentoring and sponsorship programs tailored for women,” she states.
The Middle East Solar Industry Association’s (MESIA) latest report says solar capacity in the Middle East and North Africa (MENA) region grew by 25% in 2024, with local manufacturing and energy storage also accelerating.
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