AleaSoft Energy Forecasting says average electricity prices rose in all major European markets during the second week of July, with Spain and Portugal breaking their daily solar production records.

Prime Solar Solutions Corp. has completed a 64 MW solar project in the eastern Philippines. It is one of two facilities by the company that will supply 128 MW per year combined.

The Hungarian government is investing an additional HUF 30 billion ($83.9 million) into its HUF 75.8 billion rebate program for residential solar and storage systems. The scheme, which launched in January, is now expected to support more than 25,000 households.

A subsidiary of TCL Zhonghuan Renewable Energy has signed an agreement with Saudi Arabia’s Public Investment Fund (PIF) and Vision Industries to begin producing 20 GW of solar ingots and wafers per year in the country.

Naked Energy has obtained GBP 17 million ($22 million) in new equity. The UK-based photovoltaic-thermal (PVT) system supplier says the investment, led by E.ON and supported by Barclays, will help “supercharge its global expansion.”

PV analyst Wannes Demarcke tells pv magazine that solar deployment in the Belgian region of Flanders slowed in the first months of this year. Initial figures show a decline from 2023 levels following the expiration of subsidies and reduced value-added tax on buildings less than 10 years old.

The Department of Energy (DOE) of the Philippines has announced a second microgrid auction for underserved areas, opening in August to support more than 12,000 households.

SolarPower Europe argues in a new position paper that regulators and policymakers should create a sector-specific strategy to address the growing threat of cyberattacks.

Statistics from the International Renewable Energy Agency (IRENA) shows that if the world were to continue with a 14% annual growth rate in renewables capacity, as seen in 2023, it will fall 1.5 TW short of meeting deployment targets set at COP28.

South Korea’s Shinsung E&G says it will supply 47 MW of modules for the country’s first integrated renewable energy complex. It also recently signed an agreement to expand the deployment of rooftop solar in South Korea.