pv magazine Global’s Post

Today’s announcement from the Federal Environment Minister of a green light for Australia’s largest solar farm is a bold step in seizing the power of the sun to make Australia a clean energy powerhouse. The Sun Cable Australia-Asia Power Link, a 12,000-hectare solar farm in the Northern Territory, will generate enough electricity to power three million homes. Australia is already a global leader when it comes to solar installation but, to reach our full clean energy potential, we need to accelerate the roll out of solar and storage at every level—rooftops, large-scale projects, and everything in between. #Renewables #ClimateCouncil #SeizeTheSun #SolarEnergy

SECI’s ISTS solar project was awarded to Sembcorp Industries Ltd, including 150 MW solar and 300 MWh BESS, with completion in 24 months. Learn more here. https://lnkd.in/gnznTZ4k #India #SECI #SembcorpIndustries #SolarProject

Avaada Group's achievement of a 15 GWh renewable energy portfolio marks a significant milestone in India's commitment to a green future. This development underscores the country's dedication to sustainable energy solutions and aligns with global efforts to combat climate change. As India continues to invest in renewable energy, such advancements by companies like Avaada are pivotal in driving the nation towards a cleaner and more sustainable energy landscape. #Netzero by 2070 target.

UK Solar Capacity Hits 17.2GW The UK added 1GW of solar in the past year, reaching a total of 17.2GW by October 2024 (DESNZ). Key highlights: 🔹 73% of new installations are residential. 🔹 55% of total capacity comes from ground-mounted projects. 🔹 196,000+ installations expected in 2024 - just shy of the 2011 record. With strong CfD auction results supporting 3.3GW of new projects, 2025 looks bright for UK solar. PACE People Ltd #SolarEnergy #UKRenewables #NetZero #Sustainability

#NewsIE | SolarPower Europe offers its recommendations to help with the creation of non-distortive CfD. ➡️ https://lnkd.in/duJbzvmF ⚡️ The latest revision of the #ElectricityMarket Design, adopted at the beginning of 2024, has identified #ContractsforDifference (CfDs) as the preferred method to publicly support #renewables, prompting discussions on how to make these contracts more responsive to the system's needs. In this context, several actors including ENTSO-E, Elia Group, Hertie School, have contributed to the European debate on the nature of CfDs.   📄 Now, SolarPower Europe presents its guidance to assist in the design of non-distortive Contracts-for Difference that offer the right support to the solar sector ➡️ https://lnkd.in/di98vMdb Bethany Meban, Kristina Thoring, Máté Heisz, Dries Acke, Walburga Hemetsberger

[💻 𝗪𝗘𝗕𝗜𝗡𝗔𝗥] On September 25, together with Shoals Technologies Group, we will examine the key challenges faced by solar PV projects around the world and provide strategies to optimize and future-proof installations. Our guest speakers will be Josep Tienda and Francisco Ramón Rivas. 𝗽𝘃 𝗺𝗮𝗴𝗮𝘇𝗶𝗻𝗲 𝗪𝗲𝗯𝗶𝗻𝗮𝗿 𝗰𝗼𝗻𝘁𝗲𝗻𝘁:  🎯 Overview of the global solar power industry landscape and key challenges 🎯 Common PV system issues based on Shoals’ customer experiences 🎯 The effects of labor shortages on project timelines and costs 🎯 Difficulties in on-site connector installation 🎯 Risks associated with the use of low-cost materials 🎯 The compounding effect of risk multiplication factors 🎯 Q&A Free webinar, register here!👉 https://lnkd.in/dn_nMsry #Renewables #Energy #Technology

Quantification of benefits convinces stakeholders on the true viability of the project. Sustainability touched, green finance urged, carbon footprint related dependable info with pragmatic assumptions, these help. Very best.

First Solar Is Positioned For Enduring Success⚡🌞 TL;DR: First Solar, the largest solar panel manufacturer in the U.S., is well-positioned for growth, driven by strong renewable energy demand, innovative technology, and solid finances, despite competition from traditional silicon tech and geopolitical risks. Highlights • Largest solar panel maker in the U.S. focused on utility-scale projects • Utilizes unique thin-film technology for efficiency and cost benefits • Plans to expand manufacturing capacity to over 25 gigawatts by 2026 • Strong financials with a cash-to-debt ratio of 2.8 and significant bookings • Anticipated revenue growth of 30% and EPS growth of 65% by 2025 • Risks include competition from silicon technology and potential supply chain issues • Attractive investment with a P/E ratio of 18.7 #SolarEnergy #Renewables #CleanTech #FirstSolar #InvestmentOpportunity #Sustainability Article Source https://lnkd.in/gPYMEwGA

📰 Spain’s Environment Ministry has granted administrative construction authorisation for over 28 GW of renewable energy projects, with a potential total of 46.5 GW when including autonomous communities.    In an article for PFI, Jordan Bintcliffe interviewed Madrid Partner Juan Vicente Barquilla, who highlighted how the large amount of new power generation capacity could push power prices lower and the appetite of investors in the energy sector.    Find out more below 👇    #WFW #Power #Renewables