Industry-News

Brazil is set to install 19.2 GW of new solar capacity in 2025, marking only a slight increase from the 18.9 GW added in 2024, according to SolarPower Europe’s “Global Solar Power Market Outlook 2025–2029.” While the country continues to strengthen its leadership in Latin Ame...

According to the latest analysis from AleaSoft Energy Forecasting, negative electricity prices were recorded in most major European markets during the third week of April, with the phenomenon particularly notable over the Easter weekend. In Portugal and Spain, prices hit zero or dipped into negative...

According to the latest analysis by AleaSoft Energy Forecasting, most major European electricity markets experienced negative prices during the fourth week of March, with Portugal and Spain registering record lows on March 30.      On that day, electricity prices turned negative in...

For the first time in history, renewables accounted for the majority of the UK’s annual electricity generation in 2024, with solar power reaching record highs despite fewer sun hours. The growth in PV output reflects increased installed capacity, which hit 18 GW in February 2025, according to...

By the end of February, Germany's total installed PV capacity had reached approximately 102.3 GW.       According to the Federal Network Agency (Bundesnetzagentur), Germany deployed around 1.53 GW of new solar capacity in February, surpassing the 1.23 GW installed in January and the...

The UK is closing in on 18 GW of total deployed solar capacity, according to the latest government data as of January 2025.      The Department for Energy Security and Net Zero (DESNZ) reported 17.9 GW of deployed capacity, with 69 MW added in the first month of 2025. This follows a...

Spain's total installed solar capacity reached 32 GW by the end of December 2024, following the addition of 6.46 GW of new photovoltaic (PV) capacity throughout the year.     According to Red Eléctrica de España, Spain installed 6.64 GW of new PV systems in 2024, marking a s...

Chile installed 2.14 GW of new solar capacity in 2024, bringing its total installed photovoltaic capacity to 10.5 GW by the end of the year, according to the National Energy Commission (CNE). The country had installed 1.65 GW of solar in 2023.     By December 2024, Chile's total solar cap...

According to data from the Danish Solar Association (Dansk Solcelleforening), Denmark installed 545 MW of solar in 2024, with utility-scale projects driving market growth.      In 2024, Denmark added 545 MW of solar capacity, up from 378 MW in 2023 but down from 1 GW in 2022. This ne...

On January 6, 2025, the German Federal Solar Industry Association announced that Germany’s total installed solar capacity exceeded 100 gigawatts (GW) by the end of 2024, marking a significant milestone. Solar power systems supplied 14% of Germany's electricity consumption in 2024, up from 12%...

The UK government’s latest Clean Electricity Action Plan 2030 outlines significant growth in renewable energy capacity by 2030, with a focus on offshore wind and solar photovoltaic (PV) power. The plan sets a target of 45-47GW for solar PV capacity in 2030, emphasizing the potential to exceed...

This winter in Europe has been exceptionally cold, not just in terms of temperature but also in electricity prices. In Germany, electricity prices have soared to over CNY 7 yuan per kilowatt-hour, marking an 18-year high. The situation is not much better in other European countries. Electricity pr...