Mexico announces battery storage mandate for renewable energy plants
A month after India introduced an energy storage mandate for renewable energy plants and China scrapped its own, Mexico has stepped forward with an ambitious 30% capacity requirement, alongside plans to add a further 574 MW of batteries by 2028.
Indian utility ends 2 GW solar tender with lowest price of $0.03/kWh
Uttar Pradesh Power Corp. Ltd. has awarded 2 GW of solar capacity to four bidders at tariffs ranging from INR 2.56 ($0.03)/kWh to 2.57/kWh in its latest tender.
The Hydrogen Stream: Trafigura drops $471 million green H2 plan in Australia
Trafigura says it has scrapped plans for a $471.2 million green hydrogen plant in Australia after a feasibility study, while Aurora Energy Research says Germany, Spain, Sweden, and Great Britain could drive over 50% of renewable energy demand by 2035, requiring €100 billion in investment.
Chinese PV Industry Brief: JinkoSolar posts 19% spike in PV shipments in 2024
JinkoSolar says its global PV shipments grew 19.2% year on year to 99.6 GW in 2024, but revenue fell 22% to CNY 92.2 billion ($12.64 billion) due to a decline in module prices.
Key takeaways from SolarPower Europe Summit
More than 500 solar leaders met in Brussels this week for the SolarPower Europe Summit to discuss energy flexibility and EU policy. The EU energy chief said the Affordable Energy Action Plan could save €2.5 trillion ($2.7 trillion).
U.S. solar manufacturing moving onshore and prospering
Efforts to establish solar manufacturing in the United States, on the back of generous Inflation Reduction Act subsidies, have had mixed results. While module assembly facilities appeared swiftly, cell production capacity trails far behind and current policy uncertainty is leaving more questions than answers for solar manufacturers of all sizes.
Electricity prices fall across Europe
Weekly average electricity prices dipped below €85 ($91.56)/MWh across most major European markets last week as France, Germany and Italy all broke records for solar energy production during a single day in March.
‘Flexible work arrangements, paid maternity leave, and childcare support can make a world of difference’
This week, Women in Solar Europe (WiSEu) gives voice to Elodie Colliard, director of Switzerland’s Green Giraffe. She explained she encountered her fair share of gender-based assumptions and biases. “While the disparities remain obvious and women are still a minority, I take comfort in seeing more of us join the industry, bringing our skills and perspectives to the table,” she states.
Vienna’s largest stadium completes solar array
Vienna’s Ernst Happel Stadium has completed the installation of a solar array capable of generating 3.8 GWh of energy annually, with full operation expected by the end of the year.
Axpo offtakes 60 MW from Hungarian solar plants
Swiss power producer Axpo has signed its first power purchase agreement (PPA) in Hungary for three solar plants that began operations in 2024.
