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Global clean energy investment hit $2.1 trillion in 2024, says BNEF

BloombergNEF says in a new report that global clean energy investment reached $2.1 trillion in 2024, more than doubling 2020 levels. The United States led energy transition debt issuance, driving up investment 5% year on year to $206 billion.

BNEF: Lithium-ion battery pack prices drop to record low of $115/kWh

Battery prices continue to tumble on the back of lower metal costs and increased scale, squeezing margins for manufacturers. Further price declines are expected over the next decade.

How will PV’s intellectual-property scuffles shake out?

Lawyers are doing brisk business as tunnel oxide passivated contact (TOPCon) solar technology moves into the mainstream. A series of patent infringement cases have been launched in the United States and Europe and their impacts are reverberating through the marketplace. How likely is it that winners will emerge?

GM signs 15-year PPA for 180 MW of solar

General Motors says it has signed a 15-year power purchase agreement (PPA) to meet the power needs of an assembly plant with 180 MW of solar capacity.

Australia needs 126 GW of solar, wind by 2030 to hit net zero by 2050, says BNEF

Australia can still reach its net-zero energy goal by 2050, according to BloombergNEF (BNEF), but there is no time to waste, with a need for significant investments in solar, wind, and energy storage to stay on track.

JinkoSolar comments on removal from BloombergNEF’s Q2 tier-1 list

JinkoSolar says its exclusion from BloombergNEF’s second-quarter list of tier-1 solar module manufacturers was due to a civil case involving a subsidiary, rather than financial issues.

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Europe to add 58 GW of solar in 2023

Europe’s solar installation levels are exceeding expectations and are on track to grow 30% this year from 2022, according to Rystad Energy.

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Weekend Read: The solar-battery-EV dream

For those who combine solar, batteries, and electric vehicles (EVs) at home, driving on sunshine is a realistic goal. However, there are many factors to consider when analyzing the economic payoffs, as well as the technical possibilities and limitations of such systems.

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Impact of overcapacity on solar stocks

BloombergNEF Senior Analyst Jenny Chase and Aurora Energy Research Renewables Lead Rebecca McManus speak with pv magazine about financial market trends for solar companies and the role of overcapacity as a driver of turbulence in the industry.

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Weekend Read: Cash pours in to rooftop solar

The growth of European rooftop solar continues this year, with innovative companies raising capital to develop the market. It’s an encouraging trend with the potential to accelerate rooftop solar adoption. pv magazine correspondent Valerie Thompson takes a closer look.

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