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Markets & Policy

U.S. government raises tariffs on imports from Chinese solar producers operating in Vietnam

The U.S. Department of Commerce dramatically increased tariffs on imports from Chinese solar producers operating in Vietnam after the agency concluded that China is subsidizing raw materials for its companies to use in their Vietnamese factories.

Panama installs 143.4 MW of new solar in 2024

Panama built 143.4 MW of new solar in 2024, bringing its total installed PV capacity to 695.55 MW by the end of the year.

New interactive map of renewable energy capture prices in Europe

Platts has launched an “interactive explorer” tool that shows the capture price received by wind and solar power assets, using hourly production and monthly average price data for Spain, Germany, Italy, France, and the United Kingdom.

Israel plans two different tariffs for rooftop solar under net metering

Israel is considering two new tariff rates for selling excess electricity from home solar installations back to the grid. The first will offer a higher rate for the first five years, before dropping beneath the current rate, while the second will link the tariff to inflation. A consultation is open until April 4.

Greece awards 189 MW of battery storage in third auction

Greece’s latest auction has awarded subsidies to 188.9 MW of standalone, front-of-the-meter, utility-scale battery energy storage. The auction was the third and final edition of a battery storage subsidy program launched in 2023, with the country now turning its focus towards a new 4.7 GW unsibsidized BESS scheme.

Somalia extends deadline for solar-plus-storage tender

Somalia has changed the deadline for a tender seeking a developer for a 55 MW solar plant with a 160 MWh battery energy storage system (BESS) at the Jazeera power plant in Mogadishu. The new deadline is May 5.

LNG developer secures 600 MW power plant, 120 MW BESS in Ireland

Developer Shannon LNG has obtained permission from the Irish planning authorities for a 600 MW regasification unit and a 120 MW battery energy storage system (BESS) in County Kerry. It is unclear when the plant will be built. Renewable energy advocates and opposition politicians are calling on the state to overturn the permit, citing Shannon LNG’s separate plans to construct a controversial LNG terminal near the gas plant.

China’s Huadian announces winners in 6 GWh BESS tender with average bid at $65/kWh

The procurement exercise has attracted 67 battery energy storage companies but only six have emerged as winners. The average bid stood at CNY 0.473/Wh ($65/kWh).

Canadian government invests in heat pump subsidies for Manitoba

The Canadian government has announced further investment in the country’s heat pump subsidy scheme, which offers homeowners an up to CAD 20,000 ($21,695) payment towards heat pump installations, aimed at the province of Manitoba.

Australia’s rooftop solar hits record 3.2 GW in 2024

The Clean Energy Regulator’s quarterly carbon market report finds rooftop solar capacity in 2024 is likely to have been about 3.2 GW and could set an Australian record.

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