Patrick Jowett
Norway has potential to deploy 31 GW of solar in buildings
A research group has examined the potential for PV on building walls and rooftops across Norway. It says that up to 36% of the feasible solar energy, or approximately 31 GW, could be integrated into the national power system to match generation and consumption patterns.
Czechia installs 484 MW of solar in H1
Czechia’s Solární Asociace says that the country installed 484 MW of solar in the first half of this year, nearly matching the 487 MW added in the same first six months of 2023. It notes that the residential PV market has cooled, but the corporate segment has grown.
ILB Group to acquire Malaysian solar business, assets
Malaysia’s ILB Group Bhd is acquiring Armani Sinar and its solar assets for MYR 98 million ($21 million) in cash. This deal will increase its PV capacity from 13 MW to 30 MW.
S&P Global launches daily spot market price assessment for solar panels
The tool has been billed as the world’s first independent daily spot market price assessment for solar panels. S&P Global says it has been launched to aid transparency in technology pricing as solar modules become increasingly commoditized.
South Africa commissions largest wheeling project to date
South Africa has commissioned its largest wheeling project, with SOLA Group supplying more than 200 MW of solar power to Tronox Mineral Sands via the Eskom network.
Solar corporate funding hits $16.6 billion in H1
Corporate funding in the solar sector reached $16.6 billion in the first half of this year, according to Mercom Capital Group. It says most funding came via debt financing, as venture capital and public market financing fell.
Portugal, Spain set records for daily solar energy production
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.
Philippines switches on 64 MW solar project
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.
Hungary refinances rebate scheme for residential solar
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.
TCL Zhonghuan-led consortium plans 20 GW ingot, wafer factory in Saudi Arabia
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.
