Industry-News

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...