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Markets & Policy

New algorithm may help mitigate unequal power curtailment

Developed by researchers in South Africa, the proposed technique is based on the water cycle algorithm (WCA), a population-based metaheuristic optimization algorithm that is inspired by the water cycle process in nature and how streams and rivers flow into the sea.

Gabon inaugurates first utility-scale solar plant

Gabon has opened its first utility-scale solar plant – the largest in Central Africa. Developer Solen SA Gabon has said it aims to expand the Ayémé project’s capacity to 30 MW to power more than 300,000 homes.

Serbia moving forward with 9.75 MW solar facility

A 9.75 MW solar plant on a former mining dump in northeastern Serbia is set for completion and grid connection by the first quarter of 2025. It will be the first solar facility operated by state utility Elektroprivreda Srbije.

Germany’s national, federal highways could host 54 GW of PV

A new study by Germany’s Federal Highway Research Institute (BASt) points to strong potential for solar deployment across the nation’s roadways and highways.

Contractor selected for world’s largest solar plant

China Energy Engineering Group Co., Ltd (Energy China) has signed an engineering, procurement and construction (EPC) contract for the world’s largest contiguous solar and battery power plant in the Philippines.

Netherlands deploys 1.76 GW of solar in H1

The Netherlands added 1.76 GW of solar capacity in the first half of 2024, with 148,166 new PV projects. By the end of June, the country’s total installed PV capacity had reached 26.06 GW.

Wood Mackenzie forecasts 77 GW of floating solar by 2033

Wood Mackenzie predicts that the global floating solar market will be dominated by the Asia-Pacific (APAC) region and led by India, China and Indonesia through to 2033. The consultancy says growth will be driven by rising demand, decreased capital expenditure and supportive policies.

Romania opens €150 million pot for co-located battery storage

The Romanian Ministry of Energy has launched a grant program for battery energy storage systems developed in conjunction with existing renewable energy facilities – wind, solar, or hydro.

India on track to hit 132 GW of solar by 2026, says ICRA

ICRA, an Indian credit rating agency, says India could add 22 GW of solar capacity in fiscal 2025 and 27.5 GW in fiscal 2026, pushing the nation’s total installed PV capacity to 131.5 GW by March 2026, up from 82 GW as of March 31, 2024.

Australia eyes AUD 1 trillion in clean energy exports by 2060

The Superpower Institute, an Australian nonprofit think tank, says the nation’s clean energy export revenue could reach AUD 700 billion ($457 billion) based on current output levels, with potential growth pushing the figure to AUD 1 trillion by 2060.

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