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Highlights

Pexapark records 18 European PPAs for 1,054 MW in November

Pexapark, a Swiss renewable energy market intelligence provider, says European developers signed 18 power purchase agreements (PPAs) totaling 1,054 MW in November.

Taiwan launches $126 million rebate program for small rooftop PV

Taiwan’s Ministry of Economic Affairs (MoEA) says it will offer up to TWD 300,000 ($9,260) per project through a $126 million rebate program for small rooftop PV systems, with eligibility limited to systems not exceeding 3 kW.

China issues new rules to support peer-to-peer energy trading

China’s National Energy Administration (NEA) has introduced a new set of measures to support peer-to-peer energy trading. The new initiatives are expected to remove barriers for the further development of distributed PV projects.

India reaches 63 GW of annual PV module manufacturing capacity

India has reached an annual PV module manufacturing capacity of about 63 GW, according to the Ministry of New and Renewable Energy’s Approved List of Models and Manufacturers (ALMM).

Germany concludes rooftop PV tender with average price of €0.0904/kWh

The German authorities have selected 119 MW projects totaling 259 MW in the nation’s latest rooftop PV tender. The final prices ranged from €0.0745 ($0.0787)/kWh to €0.0969/kWh.

US targets 50 GW of solar in 2024

The United States is expected to grow its solar fleet by more than 25% from 2023 levels, with over 8 GW of distributed solar and more than 40 GW of utility-scale solar expected to be installed.

India imposes antidumping duties on solar glass from China, Vietnam

India’s Ministry of Finance has applied antidumping duties on solar glass imports from China in the range of $673 to $677 per metric ton and for imports from Vietnam at $565 per metric ton.

Trina Solar launches 760 W TOPCon module with 24.5% efficiency

The Chinese manufacturer said its new i-TOPCon Ultra panel is part of the Vertex N family and is intended for applications in utility-scale projects. It plans to begin mass production of the new modules in the second quarter of 2025, with an initial annual capacity of 10 GW.

US starts solar cell manufacturing to close supply chain gap

The “US Solar Market Insight Q4 2024” report, published by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, states that domestic module manufacturing will be able to match the rapid pace of growth in the US solar industry, with cell production also ramping up.

U.S. startup offers meter socket adapter that simplifies solar, battery, EV charging connection

ConnectDER has secured $35 million in Series D funding to support its meter socket adapter (MSA) business, which integrates solar, storage, EV charging and more while avoiding main electrical panel upgrades.