BloombergNEF reports the world installed nearly 600 GW of solar power in 2024, closely aligning with projections that annual global solar installations will surpass 1 TW within the next few years. Although projections for 2025 currently fall short of that pace, early forecasts often underestimate actual deployment.
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Spain’s Tecnalia and Italy-based Vita International have designed a new photovoltaic guardrail, set for testing later this year on a 100-meter stretch of a highway service area between Turin and Trieste, Italy.
Australia’s rapidly growing solar PV industry faces mounting cyber risks that no operator can afford to ignore. PV systems rely on intricate supply chains, incorporating hardware and software from multiple vendors. Each link in this chain – be it a component manufacturer, a software provider, or a maintenance contractor – can introduce potential entry points for cyberattacks.
Distributed solar fell 11% in 2024, dragged down by the residential segment, according to Ohm Analytics’s report on the fourth quarter of 2024. However, signs of recovery emerged with a strong fourth quarter and increasing installation volumes throughout the year.
This is a proof-of-concept 1.22 kg laptop with a solar panel integrated into the lid, capable of absorbing enough sunlight in 20 minutes to power the device’s video for an hour.
The Inter-State Transmission System (ISTS) could achieve a green open access (OA) capacity of around 40 GW by 2030, provided that transmission bottlenecks are resolved, and no other significant obstacles emerge. This will represent approximately one-third of green OA capacity in India by 2030.
As of Feb. 28, 2025, India’s installed solar capacity stands at approximately 102.57 GW, contributing significantly to its renewable energy mix. To meet the 500 GW target, solar energy will need to contribute nearly 300 GW.
For India to achieve its 600 GW clean energy goal, rooftop solar must become a national priority. By learning from global success stories, addressing financial barriers, and implementing robust policies, India can unlock the full potential of decentralised solar energy.
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
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