Global solar capacity to surpass 7.5 TW in 2035, says GlobalData
UK consultancy GlobalData projected, in figures shared with pv magazine, that global renewable capacity could hit 11.2 TW by 2035, led by solar. It expects cumulative PV capacity to hit 2,378 GW by year-end and 2,849 GW by 2026.
China launches world’s first grid-forming sodium-ion battery storage plant
The Baochi Storage Station in Yunnan integrates lithium and sodium-ion technologies at scale, a global first, aiming to stabilize renewable energy and cut costs as China accelerates its energy transition.
Egypt approves four solar, wind projects totaling 400 MW
The Egyptian government has approved four solar and wind projects totaling 400 MW, with a combined investment of $388 million. The two solar and two solar-wind hybrid projects will sell energy directly to industrial customers.
France concludes C&I rooftop PV tender with average price of €0.09753/kWh
The French authorities have concluded a commercial and industrial (C&I) rooftop PV tender with an average price of €0.09753 ($0.1110)/kWh. The government allocated 191 MW of PV capacity in total.
Floating solar hits $65/MWh LCOE in Brazil, with up to 24 GW of potential
Floating solar could add 17 GW to 24 GW of capacity in Brazil, depending on pricing scenarios, while also reducing water evaporation by up to 50% and conserving water for hydroelectric generation, according to a new study.
France’s Socomec launches battery monitoring software
France’s Socomec has introduced an AI-backed battery monitoring platform to improve maintenance for commercial energy storage systems.
Perovskite-silicon tandem solar cell built with hybrid blade coating achieves 27.8% efficiency
The King Abdullah University of Science and Technology and the Fraunhofer Institute for Solar Energy Systems report producing perovskite-silicon tandem solar cells with open-circuit voltages exceeding 1.9 V as the result of a two-step hybrid evaporated/blade-coated process for perovskite films.
Solar leads Spain’s power mix in May
Solar led Spain’s power generation in May with 4,867 GWh, or 23.5% of the total, followed by hydro at 17.3% and wind at 16.7%, according to data from grid operator Red Eléctrica de España (REE).
Honduras launches 1.5 GW energy tender
The Honduras Ministry of Energy has published bidding terms for a 1.5 GW auction, including 975 MW of renewable energy with storage. The move follows a procurement announcement made in mid-May.
Tariffs could drive US solar, storage costs up 50%
A recent Wood Mackenzie report examines two possible tariff scenarios and concludes that costs will skyrocket for both utility-scale solar development and battery energy storage systems.
